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December 6, 2011 11:18 pm GMT

Poshmark Brings In $3.5 Million To Bring The Clothing Swap To Your iPhone

Screen Shot 2011-12-06 at 5.03.04 PMYou know that whole "one man's trash is another man's treasure" thing? Well, that's the concept behind clothing swaps, a type of gathering that's recently become popular, where people (mainly women) get together and exchange used clothes. If you've ever been to a clothing swap -- and of course you have, tech blog reader -- you know that they're high energy, giving everyone the feeling like they just got something for nothing.Poshmark is an app that wants to bring the experience of clothing swapping to your phone. The appallows sellers to seamlessly upload an image of an item they want to sell, make it look fancy with a filter and fill out details like Original price, Listing price, Category and Size. After they press send, the item gets posted to the Poshmark feed and other users can bid on it.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/P42ib7aR5JY/

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