Stylesight Raises $16 Million In Series A Funding
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Wednesday, September 3, 2008; 12:14 PM
Stylesight, a company that specializes in trend forecasting and product development tools for professionals in the fashion and style industries, announced Wednesday that it has completed its series A round of funding with $16 million from Fidelity Ventures.
According to Fidelity Ventures, Stylesight "addresses a huge need in the fashion market and could shift the way apparel manufacturers, brands, and retailers do business." With the help of Stylesight, designers, manufacturers, and retailers will have access to the latest fashion data and images, which can then be used in advertising campaigns, design plans, and merchandise displays.
Stylesight will use the financing to expand its research and development efforts and provide more content for its users.
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