We've run several stories on e-commerce site Bonanzle in the past. If you're unfamiliar with it, it's a site where many disgruntled eBay users turned for an alternative place to sell their goods. Last year, it reached a million listings in 6 months and was voted the best eBay alternative according to Examiner.com. Growth continued from there, with the company surpassing 100,000 registered users in September, representing 5,000% growth in a year. 

WebProNews got an email from Bonanzle CEO Bill Harding, letting us know the company has just closed a $1m round of funding, with who he says are "many of Seattle's top investors and entrepreneurs."

The funding is led by Seattle angel investor, and Voyager Capital Venture Partner, Geoff Entress, and includes additional funding from Voyager Capital, Matrix Partners, Ignition Partners, Founders Co-op, Curious Office, and others from the Seattle area.

"For 'normal' startups, raising money from investors is usually one of the first matters to get taken care of. If not for the strong support of our community and dear old Google search, we would have needed to do this a year ago," says Harding. "But because of Bonanzle's fast-spreading reputation (and thus sales), we have been able to bide our time and wait until we saw a deal that was simply too good to pass up."

Harding looks at the funding as a way to continue growth, which he says the company owes to its sellers. "So many Bonanzle users have spent countless hours setting up their booths, marketing their items on Facebook, Twitter, and elsewhere, and have done all they can to build a successful business on Bonanzle," he says.  "For the people who have stuck with us as we've grown, we want to prove our commitment to doing everything in our power to ensure that the time spent booth building is rewarded with a user experience that continues to improve, and continues to deliver an ever-growing number of buyers over time."

According to Harding, there will be increased speed at which the company can fix bugs and create a better user experience. Among Bonanzle's first priorities is a plan to make sure everything works that "real users" expect it to. The funding should help with resources in this regard.