Zaarly Inc. is an American private company focused on developing a proximity-based, real-time, buyer-powered market platform. The founding team of Bo Fishback, Eric Koester and Ian Hunter, are each serial entrepreneurs with more than a dozen startups under their belts. The founders conceived of and built the prototype for Zaarly in February 2011 at Startup Weekend Los Angeles, a 54-hour event aimed at entrepreneurs and technologists, where Zaarly won first place in the competition. The company got attention through tweets from celebrities like LeVar Burton and Demi Moore. The company has secured $14.1M in Series A financing led by Kleiner Perkins Caufield & Byers and Sands Capital Ventures, following a $1M angel investment. Zaarly also ran a successful “market experiment” at the South by Southwest Interactive (SXSWi) Conference in Austin, Texas, where Zaarly processed over $10,000 in transactions in less than 48 hours.
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