UrbanDesign Closes Shop

Share this article:
UrbanDesign, San Francisco, ceased its online operations yesterday, citing the inability to gain funding.


According to a message posted on its Web site, the company stated that "sources for Internet companies in the e-commerce space have become scarce.'' It said a lack of venture capital, coupled with the recent failures of other furniture e-tailers, "has made it impossible to attract funds.''


A core team is expected to remain available to resolve any business issues.


While it is shutting down its Web site, the company said it would continue to run as a technology provider on the Internet.


The company catered to manufacturers, showrooms and designers.


Furniture.com and Living.com, two home-furnishing e-tailers, also recently ceased operations.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Target Better With Facebook, Sandberg Tells Marketers

Target Better With Facebook, Sandberg Tells Marketers

In earnings call, the COO claims Facebook is 44% more accurate than the industry average at targeting and promises increasing investment in ad tech.

Day One on the DMA2014 Show Floor

Day One on the DMA2014 Show Floor

Sprouting from the Direct Marketing Association convention today were retargeting refinements, rules for breach behavior, and, yes, some darn fine Brussels sprouts.

Customer Identity in the Digital Age

Customer Identity in the Digital Age

Industry experts explore the value in a person's cyber identity for marketers.