Wednesday, November 15, 2017

Poshmark Lands $87.5M More For Fashion Marketplace

Redwood City-based mobile fashion marketplace Poshmark has raised $87.5M more in a series D funding, the company said on Tuesday. According to Poshmark, the funding was led by Temasek, and also included Mayfield, Menlo Ventures, GGV Capital, Inventus Capital, Uncork Capital, Union Grove Venture Partners and Cross Creek Advisors. Poshmark has now raised $160M in total funding. Poshmark's CEO is Manish Chandra. The company's social commerce marketplace lets users buy women's clothing, handbags, shoes, jewelry and accessories, makeup, and more based on the styles of other users. More information »