Silver Lake led a $20m Series B funding round in ReserveBar.

Silver Lake, a company invest in technology, led a $20m Series B funding round in ReserveBar, a spirits, wine and champagne online seller. "We couldn't be more excited to have Silver Lake and the extremely talented investor group led by Doug as our partners. The Series B funding will accelerate the unprecedented growth we've experienced and will greatly expand opportunities for ReserveBar's spirits brand partners in the realm of content-to-commerce, cutting edge digital marketing and media tactics, data and analytics, efficient execution of new limited edition products, and technology enablement for our supplier partners. This is a win not only for ReserveBar but also our spirits supplier partners and growing retailer network," Lindsay Held, ReserveBar co-founder and CEO.