Poshmark, a Menlo Park, California-based fashion community marketplace, secured $25m in funding.
Backers included Mayfield, Menlo Ventures, Inventus Capital, Union Grove Venture Partners, Shea Ventures and SoftTech VC.
The company, which has raised $47.2m in total funding also from Rachel Zoe and Ashton Kutcher, intends to use the funds to scale the business and expand its services beyond women’s fashion.
Founded in 2011 by Manish Chandra, CEO, Poshmark is a community marketplace for fashion where any woman can buy, sell or share her personal style with millions of shoppers and over 700,000 sellers.
In addition to the new round, the company is also launching its new app for the Apple Watch featuring real-time personalized updates and new inventory listings from favorite brands and designers. Editors will also be curating the best and most popular items in the marketplace to be displayed directly on the Apple Watch.
FinSMEs
21/04/2015
Source:
http://ift.tt/1Ggifsm