paidContent.org - The Economics of Content

Current Story

Shopping Engine StyleFeeder Completes $2 Million First Round

By David Kaplan - Tue 29 Jan 2008 07:37 PM PST

Online shopping recommender StyleFeeder has raised a $2 million first round funding from Highland Capital Partners and Schooner Capital. The amount includes the $1 million the company raised in October. The Cambridge, MA-based company plans to use the proceeds to increase its staff. Aside from promoting itself through a Facebook widget, StyleFeeder has aligned itself with a number of celebrities, including the Olsen twins. Release

It must be almost time for Fashion Week, as social shopping engines have seen a lot of investment actively lately. For example, StyleHive raised some funding and bought StyleDiary last month. This past fall, ShopStyle was acquired by NBCU-backed Sugar Publishing and before that, Hearst bought Kaboodle in August. Also last summer, Los Angeles-based social net ThisNext raised an undisclosed amount of funding.

Posted in: Social Media, Technologies/Formats, E-commerce, VC+M&A, Venture Capital

Tags: schooner capital, highland capital partners, stylefeeder

Related Research from Alacrastore.com

0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile/BB App
» Mobile/Wap Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

EconAds Conference - The Economics of Ad Deals. Tuesday, June 3rd, 2008. The New World Stages, NYC

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters