Moda Operandi, a New York-based online luxury apparel retailer, said Monday it raised $10 million in series B financing in a round led by venture capital firm New Enterprise Associates. Previous investor New Atlantic Ventures also invested in the round. Moda Operandi users can pre-order apparel from designers such as Marc Jacobs, Vera Wang, and Missoni immediately after runway fashion shows. The company, which launched in February, said the new funding will support its growth and expansion.
Author: João-Pierre S. Ruth
After more than thirteen years as a business reporter in New Jersey, João-Pierre S. Ruth joined the ranks of Xconomy serving first as a correspondent and then as editor for its New York City branch. Earlier in his career he covered telecom players such as Verizon Wireless, device makers such as Samsung, and developers of organic LED technology such as Universal Display Corp.
João-Pierre earned his bachelor’s in English from Rutgers University.
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