Maker of an innovative wine appliance attracts $9 million in funding to expand


David Koretz introduced the first appliance that preserves, chills and serves wine by the glass. A $9 million round of funding will help the South Florida entrepreneur further expand into the luxury hotel center.

His startup, Plum, announced Thursday that its Series A round was led by Khosla Ventures, locally based Las Olas Venture Capital and several angel investors. Wine and hospitality industry veterans also participated in the funding round.