Poshmark Gets $12M For Mobile Fashion

Menlo Park-based Poshmark has added $12M in a Series B funding, to help bolster its mobile marketplace for fashion. The firm, which is led by Manish Chandra, said the new funding was led by Menlo Ventures, and laso included Mayfield Fund, Inventus Capital, and SoftTech VC. Poshmark's fashion focused service revolve around "Posh Parties", real-time shopping events which let people shop and share their fashions from their phones. The firm has now raised $10.5M in funding. More information »