Popshop Live Picks Up $20M

Los Angeles-based livestreaming shopping service Popshop Live said this week that it raised $20M in its Series A funding round. The funding was led by Benchmark, and also included TQ Ventures (Andrew Marks, Schuster Tanger, and Scooter Braun), Mantis VC (The Chainsmokers), Access Industries and SV Angel, plus Floodgate, Abstract Ventures and Long Journey Ventures, along with angels Sophia Amoruso, Baron Davis, Jim Lanzone, Kevin Mayer, Vivi Nevo, Michael Ovitz, Hailey Bieber and Kendall Jenner. Popshop Live oeprates a streaming shopping service, where influencers sell products from livestreams. the company said the funding values the company at $100M.