Elo7 Receives Investment From Insight Venture Partners

SAO PAULO, March 16, 2012 /PRNewswire via COMTEX/ -- Elo7, the first and largest marketplace for buying and selling handicraft products in Brazil, today announced it has raised capital from Insight Venture Partners, a private equity and venture capital firm focused on investing in the global software, e-commerce, and Internet industries. The new capital will be used to accelerate marketing initiatives, invest more in building the technology platform, recruit industry expertise and strength Elo7's community of artisans. Insight Venture Partners is an existing investor in companies, like Twitter, Tumblr, Privalia and Groupalia.  CONTINUE READING AS YOU ENTER THE WORLD OF @PRNEWSWIRE @MARKETWATCH

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