JustFabulous has raised $33 million in a series A round of venture capital financing. The investment round was led by Matrix Partners with co-investment from Technology Crossover Ventures (TCV). Fashion industrialist and TV star Kimora Lee Simmons also took part in the fundraising process.
The fashion styling service and contemporary fashion brand will use the funds to boost growth via category and international expansion. Matrix Partners’ Josh Hannah will join the board of directors of JustFabulous, while Simmons has been named president and creative director.
Click here for the release from PR Newswire.