Lot18 Announces Benjamin Trent as Chief Technology Officer

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Former DailyCandy CTO to lead company’s enhancements to the wine-buying experience.

Lot18, the New York-based company that provides its members with access to expert-selected, hard-to-find wines from around the world, has named Benjamin Trent as its Chief Technology Officer. Previously, Trent was CTO at DailyCandy, and has also overseen engineering at Massify, as well as at IAC.

“Ben is a proven leader who has managed dozens of people and projects simultaneously to incredible effect,” said Lot18’s President and co-founder Philip James. “During his tenure at DailyCandy, the company launched its commerce efforts, revamped its email-delivery systems, and greatly expanded its social and web presence. All this, plus his work in mobile – an area that frequently comprises 40 percent of Lot18’s daily sales – helped Ben stand out among the candidates. We’re very pleased to welcome him to Lot18.”

Trent joins Lot18 as it enters an aggressive phase of technological improvements and enhancements. This week, the company launched Lot18 Collection, a new look and experience for the site’s members. Collection allows Lot18 members to buy more of specific wines they purchased previously, at their own convenience, as well as explore a wider variety of grapes, regions and price points. Previously, a few dozen offers were available on Lot18, from four to 72 hours; now, with Collection, several hundred wines are available, with no time limits. Later in September, Lot18 will release a new universal version of its app for iPhone and iPad.

James added, “These are just two of the technological and data-driven changes we have longed to bring to Lot18. Ben will be instrumental in delivering myriad further enhancements that will make our wine-shopping experience the best on the web, and a paradigm for e-commerce in general.”

Lot18 has raised $45 million in venture financing from FirstMark Capital, New Enterprise Associates and Accel Partners. Since its launch in October 2010, the company has facilitated the sales of more than 1 million bottles of wine.

About Lot18
Lot18, an e-commerce site founded in 2010, connects its members with opportunities to purchase directly from wineries. Each product featured on Lot18 is individually evaluated for quality by Lot18’s team of experts, many of them former sommeliers at top restaurants; they work with wineries around the world to select the highest-quality wines at the best possible prices. Lot18 is headquartered in New York. For more information or to register for membership, visit http://www.lot18.com.

Follow Lot18 on Facebook and on Twitter.

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Christina Graham
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