Cameraworld.com, Portland, OR, an online photography equipment, digital imaging and consumer electronics retailer, has obtained $60 million in private venture capital funding.
The consortium of investors participating in the company’s first round of funding includes Greylock, Technology Crossover Ventures, August Capital, Accel Partners, Norwest Venture Partners, and Bain Capital.
Cameraworld.com will use the funds to expand its inventory and enhance its infrastructure.
In other news, Aneel Bhusri, general partner with Greylock, has been elected chairman of the board, and Terry Strom joins cameraworld.com as CEO.
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