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Poshmark snags $25 mln

Menlo Park, California-based Poshmark, a fashion community marketplace, has secured $25 million in funding. The investors were Mayfield, Menlo Ventures, Inventus Capital, Union Grove Venture Partners, Shea Ventures and SoftTech VC.

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

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.

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