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Pley Lands $10 Million Growth Investment

Wednesday, February 4, 2015 5:47:00 AM PDT | VentureDeal
San Jose, California  --  Consumer company Pley has raised $10 million in its second round of venture capital financing.

Pley enables kids to rent LEGO sets, saving their parents "hundreds of dollars per year in toys."

Sozo Ventures led the round, which also included Floodgate Fund, Correlation Ventures and Allegro Venture Partners.

The company said it would use the funds to expand its service to Europe and Asia.

Pley previously raised $6.7 million in March 2014, at a reported pre-money valuation of $20 million.

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