Wednesday, August 19, 2009

Polyvore Raises $5.6M

Mountain View-baesd Polyvore, which operates an online, user-generated fashion site, said late Tuesday that the firm has raised $5.6M in a Series B financing round. The round came from Matrix Partners, Benchmark Capital, and Harrison Metal Capital. The firm said the new funding will go towards accelerating growth and to expand its engineering and sales teams. The new funding comes on top of and earlier investment of $2.5M from Benchmark, Harrison Metal, as well as LinkedIn's Reid Hoffman and Epinions' Nirav Tolia. More information »