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Top Vc Deals: Walmart Buys Art.com; Salesforce Launches Japan Fund

by cnbc.com posted 1month ago 18 views
A weekly recap of the most interesting venture capital deals, funds and start-ups. : Walmart announced this week it plans to buy Art.com, one of the largest online sellers of art and wall decor globally. A person familiar with the deal told CNBC the size of the acquisition is similar to Walmart's other recent deals, which puts the deal roughly in the neighborhood of $100 million. Art.com had previously raked in roughly $55 million in venture capital, according to Crunchbase, from investors including Saints Capital, Benchmark and Polaris Partners.

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