Thursday, March 16, 2017

ModCloth Acquired By Jet.com

San Francisco-based online women's retailer ModCloth is being acquired by Wal-Mart subsidiary Jet.com, according to reports today. Financial details of the acquisition were not announced. Modcloth was venture backed by Norwest Venture Partners, Accel Partners, FirstRound Capital, Floodgate, Harrison Metal, along with others.