Dive Brief:
- Spring, founded by David and Alan Tisch, has raised $7.5 million in a Series A investment.
- The company is looking to build a shopping app where different brands can sell their wares directly to users.
- The product will launch later this summer.
Dive Insight:
Mobile commerce has always been a weakness for many retail companies, but it is a growing part of the industry that can't be ignored. Sources are saying that Spring will place a heavy emphasis on images -- perhaps in an attempt to mimic the success retailers have found marketing on social media website Pinterest.