Tuesday, September 1, 2009

MyShape Confirms Funding

Glendale-based MyShape, which operates an online retailer focused on matching women to clothing based on their body type, confirmed this morning that it has raised a third round of venture funding. The firm said the round was led by DFJ Growth Fund, and also included Draper Fisher Jurvetson, Tenaya Capital, the Pasadena Angels, and the Tech Coast Angels. Amount of the funding round was not disclosed, although a regulatory filing last week placed the round target at $12.1M. The filing indicates that $10.56M of the round had already been funded. As part of the funding, Barry Shuler of DFJ Growth Fund joins the board. Schuler is the former Chairman and CEO of American Online. MyShape's social shopping site allows women to enter key measurements, which predicts the rest of their body measurements and recommends clothing that is most flattering and fit best for a woman's shape. More information »

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