Monday, May 16, 2011

Us social shopping site ShoeDazzle raised $ 40 million

Beijing time on May 16 daily news, United States social shopping site ShoeDazzle last week completed a new round of funding, raising $ 40 million funding, financing amounted to us $ 60 million.

according to ShoeDazzle CEO Brian · Li (Brian Lee), this round of funding led by venture capitalists-Anderson says Horowitz Fund total $ 30 million, the remaining funds came from existing investors Polaris Venture and the speed of light capital. Under the agreement,-says Horowitz Fund partner John Anderson · aofulaier (John O’ Farrell) will join the Board of ShoeDazzle.

ShoeDazzle was founded in 2008 and headquartered in the United States Los Angeles, the existing staff of 135 people, more than 3 million members, on Facebook fans close to 1 million. Based on member preferences to the site each month they send ShoeDazzle brand of shoes and jewelry related information, member price of $ 39.95 per item purchased.

includes United States fashion a young lady gold · kadaishan (Kim Kardashian) Hollywood celebrities have been involved in ShoeDazzle, product design. Brian said, the company will use this financing to recruit new people, to enter the United Kingdom and other overseas markets, while expanding product range.