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July 25, 2013 09:34 pm GMT
JOOR, an online wholesale fashion marketplace, has raised $15 million in Series B funding, according to an SEC filing from today. Based on the filing, it appears the round was led by Canaan Partners, as general parter Dan Ciporin has joined the board. This brings JOOR’s total funding to $20.5 million, with previous investors including Battery Ventures, Lerer Ventures, Great Oaks Venture Capital, Landis Capital and Forerunner Ventures. Launched in 2010, JOOR provides a digital platform for B2B transactions between retailers and designers. The company has over 30,000 retailers and 500 brands using the site, including Diane von Furstenberg, Rag & Bone and Zappos. That’s a big jump from when TechCrunch last reported on the company in 2011.Back then, JOOR was working with 250 brands and about 7,500 boutiques. According to the company, over 1,000 retailers join every month. We’re hoping to get on the phone with JOOR CEO Mona Bijoor soon, and will update this post when we have more information about what they plan to do with the funding.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/t3J4G4IVDEk/
Online Fashion Marketplace JOOR Raises $15M In Series B Funding
JOOR, an online wholesale fashion marketplace, has raised $15 million in Series B funding, according to an SEC filing from today. Based on the filing, it appears the round was led by Canaan Partners, as general parter Dan Ciporin has joined the board. This brings JOOR’s total funding to $20.5 million, with previous investors including Battery Ventures, Lerer Ventures, Great Oaks Venture Capital, Landis Capital and Forerunner Ventures. Launched in 2010, JOOR provides a digital platform for B2B transactions between retailers and designers. The company has over 30,000 retailers and 500 brands using the site, including Diane von Furstenberg, Rag & Bone and Zappos. That’s a big jump from when TechCrunch last reported on the company in 2011.Back then, JOOR was working with 250 brands and about 7,500 boutiques. According to the company, over 1,000 retailers join every month. We’re hoping to get on the phone with JOOR CEO Mona Bijoor soon, and will update this post when we have more information about what they plan to do with the funding.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/t3J4G4IVDEk/
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