Wednesday, May 11, 2016

Invino Buys Glassful

Sonoma-based Good Company Wines, the parent company of online, wine subscription retailer Invino, said late Tuesdya that it has acquired Glassful, a New York wine club company. Financial terms of the acquisition were not disclosed. Good Company Wines is venture backed by Founders Fund, Launch Capital, DN Capital, Correlation Ventures, along with angels Fabrice Grinda and Jose Marin. Good Company Wines focuses on applying technology to the wine buying experience, using algorithms to match wine to users, along with other personalization technology.