Tuesday, December 27, 2016

Rent the Runway raises $60 million

LONDON, ENGLAND - SEPTEMBER 21: Models walk the runway at the Burberry Prorsum Spring Summer 2016 fashion show during London Fashion Week on September 21, 2015 in London, United Kingdom. (Photo by Catwalking/Getty Images) Fashion e-commerce powerhouse Rent the Runway has confirmed that it raised $60 million in a funding round led by Fidelity Investments. Technology Crossover Ventures, Bain Capital Ventures, Highland Capital Partners and Advance Publications are also participating in the round. Recode, which first reported the news, was told that the valuation was a “significant step up” from the… Read More


via Tech Republiq

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