F.A.B. on Wall Street: Polyvore raises $14 Million from DAG Ventures, Goldman Sachs and Others

You guys have to know about Polyvore!  If not, we are going to have to work on increasing your F.A.B Index (TM).  Well, Polyvore is an online community of fashionistas.  Users can pull pieces that they like from various online retailers to create personalized collages.  Polyvore lets designers know how many and which of their pieces are used in sets, and how the users style them with other pieces.

I love going to Polyvore to look at how other users pair things together and to help style an outfit for a special weekend outing.  It’s a really useful program!  Below is a set created using Calvin Klein pieces.

This recent round of funding, of $14 Million, was led by DAG Ventures, with participation from Goldman Sachs, Vivi Nevo, Benchmark Capital, and Matrix Partners.  The funding will be used to develop their product offering and hire additional engineering talent.

They also just announced “Polyvore Live,” which will showcase the collections of four up-and-coming designers.  Stay tuned for more innovation from this fabulous company!


FAB on Wall Street: Fab.com Raises $40 Million from Andreessen Horowitz and Ashton Kutcher

Have you guys ever heard of the recent New York based startup, Fab.com?  Well, Fab.com is a flash sale site, similar to the likes of Gilt.com and Groupon.  They launched this past summer and still doing well, with over 1.4 million members and 100,000 filled orders a month.  Members receive exclusive access to daily design sales featuring world’s leading designers and manufacturers. Recently, Fab.com secured $40 Million in their second round of funding from Andreessen Horowitz and Ashton Kutcher, valuing the company at $200 million.  Do you think an IPO is in the near future?