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NOTE: Given the wine industry’s general lack of financial transparency, the confirmed investments in this article are most likely lower than actual amounts. Wine Industry Insight sent a courtesy draft of this chart to the company and requested any corrections or comments. No response was received. Vinfolio was founded in 2003 by wine collector […]
NOTE: Wine Industry Insight has reached out to Narito via Twitter, LinkedIn, and by leaving a comment on his web site (The Reggie Report). We are awaiting a reply. Wine Searcher identifies Master Sommelier at heart of Somm Scandal LinkedIn – Reggie Narito, VP of Fine Wine at Youngs Market Company LinkedIn profile back […]
On-demand delivery service Saucey ranks #13 in Wine Industry Insight’s wine venture funding survey with $10.2 million in investments. That compares with competitor Drizly’s $53 million which is ranked #5 in overall venture funding and #1 in the on-demand market. Data in this segment is fragmented, and this ranking could change as more data is […]
This is the first of a multi-article series. Source: eMarketer More than 80% of online marketers are concerned that marketing tech vendors might expose their companies to legal risks. Facebook’s latest data breach affecting more than 50 million accounts certainly amps up worries because the #1 social media site serves as a vendor to […]
New data for WX Brands has moved it into the #10 slot for winetech fund, edging out DRINKS. The company most probably should be higher, but no data is available to support that supposition. The full charts and additional articles are available to Wine Executive News Premium Subscribers including: Background Weathering the DotCom Bubble […]
DRINKS — Drinks Holdings Inc. (DHI) — has moved into the #10 slot in Wine Industry Insight’s Wine Tech Funding Top 10 with a $15 Million series B round of funding. DRINKS’ new funding moves Plum into the #11 spot The full charts and additional articles are available to Wine Executive News […]
The case of Jeffry James Hill’s curious, delayed, and very secretive federal court case on criminal fraud charges may be somewhat closer to a possible explanation. While the official court record has suffered from a preponderance of sealed documents, Wine Industry Insight has learned that Hill may have become an informant working with prosecutors. […]
Plum.wine retails for $1,999 and, according to Williams-Sonoma: Automatically identifies each wine label with a built-in camera and database of more than 6 million wines. Provides content about winemaker, region, vintage, varietal and wine. Automatically chills two bottles independently to the optimal serving temperature for each varietal. Automatically pours wine in customizable sizes, […]
Ninth in a series. eSkye Solutions — acquired by iControl (iControl Data Solutions) in 2017 — has moved into the #4 position as a result of new information received by Wine Executive News. eSkye offers an Electronic Exchange Solution (EES) for Beer, Wine and Spirits distributors and retailers to synchronize product data, pricing […]
Wine Industry Insight’s most recent update of financial information shows that Vinventions (formerly Nomacorc) has now moved into the #1 position in wine venture investments with a $149 million refinancing. That moves Vinventions just ahead of Wine.Com which is in second position with $140 million. Vinventions is an integrated closures company which began as […]