Blue Nile Inc is a specialty retailer of online jewelry.
Blue Nile Inc. was founded in 1995 by Doug Williams. Mark C. Vadon, then of Bain & Company, raised $6 million to buy 85% of the business in 1999.
The company went public in 2004, raising $76 million with its IPO which was reinvested in the company.
In 2004 Blue Nile expanded to Canada, and the following year to the United Kingdom.
In 2006 Blue Nile sold $197 million in engagement rings and wedding bands.
Blue Nile markets itself as a supplier of conflict-free ethical diamonds.
Today Blue Nile is the largest online retailer of diamonds, serving customers in the United States, Canada, Europe, and the Asia-Pacific region – more than 40 countries in all. Blue Nile has 200 employees and had $333 million in revenue in 2010.
Blue Nile Inc.Blue Nile Inc is a specialty retailer of online jewelry.
Blue Nile Inc. was founded in 1995 by Doug Williams. Mark C. Vadon, then of Bain & Company, raised $6 million to buy 85% of the business in 1999.
The company went public in 2004, raising $76 million with its IPO which was reinvested in the company.
History
In 2004 Blue Nile expanded to Canada, and the following year to the United Kingdom.
In 2006 Blue Nile sold $197 million in engagement rings and wedding bands.
Blue Nile markets itself as a supplier of conflict-free ethical diamonds.
Today Blue Nile is the largest online retailer of diamonds, serving customers in the United States, Canada, Europe, and the Asia-Pacific region – more than 40 countries in all. Blue Nile has 200 employees and had $333 million in revenue in 2010.