DATA CENTER
The Flash Report
Red Blends Popular; Lot18 Gets $30 Million
Red Blends Popular; Lot18 Gets $30 Million
So far this year red blends lead the pack in number of offers by
the nine top flash sites monitored by WinesVinesDATA. Cabernet
Sauvignon leads in bottle price. In the graphs below, we show
the varietals/types by both measures of popularity. Domestic and
imported wines were both included, so red blends include everything
from red Bordeaux to Cotes du Rhone to super Tuscans to
California Meritage. In other flash site news, fast-growing Lot18
announced $30 million in Series C funding led by Accel Partners
and that Accel’s Sameer Gandhi will join Lot18’s board of directors.
The company reported that in one year it had sold more
than 500,000 bottles of wine and is selling more than $1 million
per month.
—J.G.
