Posts has new CEO Julie Wainwright to thank for today’s announcement that and venture capital firm Hummer Winblad have together taken a 50% stake in the online pet supply retailer, which launched in November 1998.

Newsweek seeks to sell everything your pet pines for. . . . But unlike its competitors, has a formidable foe on its leash: . . . Back in 1994, of course, the online pet market looked comparatively tranquil. That’s when Greg McLemore . . . registered the address and launched the site.

Yahoo! Finance

‘We are running hard and fast to make the best possible customer experience, from product selection to customer service,” said Julie Wainwright, chief executive officer of “This significant investment [from and Hummer Winblad] allows us to support our plans to build an enduring, customer-focused company.”

Inter@ctive Week

Customer service, a factor that helped distinguish one of its investors,, is also key, with planning to fulfill all orders from its warehouses starting in June.

Yahoo! Finance! buys 50 pct stake in cyber petstore —’s pet products and services include ferret hammocks, pet foods and help in locating pet-friendly hotels.


Expanding its retail scope, has invested in start-up . . ., founded in 1998 by Greg McLemore and Eva Woodsmall, specializes in popular and rare pet accessories, products and food for all types of animals.