Little Black Bag Obtains $8,000,000 Series B Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=263690c0-2308-4c0b-b54b-284e4a20a952&Preview=1
Date
8/16/2012
Company Name
Little Black Bag
Mailing Address
2332 Cotner Los Angeles, CA 90064
Company Description
Who knew shopping online could be so much fun! At Little Black Bag, we aim to please and hope you enjoy shopping, trading, and interacting with other fashionistas in a one-of-a-kind environment.
Website
http://www.littleblackbag.com
Transaction Type
Venture Equity
Transaction Amount
$8,000,000
Transaction Round
Series B
Proceeds Purposes
The company will use the funds to expand its world class marketing and merchandising teams, drive customer acquisition, add new brand partners and bring even more excitement to shopping online.
M&A Terms
Venture Investor
GRP Partners
Venture Investor
DCM