Fashion SaaS Company Plans a Global Expansion
March 27, 2010
On March 3rd, the New York based fashion SaaS company Stylesight raised $5 million to close the $10 million Series B round of venture capital investment. The venture capital investors in that round were Cue Ball Capital and the previous backer of Stylesight Volition Capital. Stylesight provides trend forecasting and SaaS product development tools for designers and people in the fashion industry to make their research more efficient, less costly, faster, and accurate. The only way to get this valuable service is to sign up for a subscription. According to Vatornews the company provides its services in English, Spanish, Japanese, and Chinese and the raised expansion capital was needed to accelerate the company’s growth and global expansion.