Poshmark Raises $12M From Menlo, Mayfield, Inventus & SoftTech

Posted on: December 4, 2012 by mbosletNo Comments »

Poshmark said it raised $12 million in a Series B financing led by Menlo Ventures and joined by existing investors Mayfield Fund, Inventus Capital, SoftTechVC, and SV Angel. The new round brings the company’s funding to $15.5 million. Poshmark will use the capital to support its online community, expand to new platforms and make new hires.