Monday, February 1, 2010

ThisNext Buys Stylehive, Gains Funding

Santa Monica-based ThisNext announced this morning that it has acquired fashion and beauty site Stylehive, and raised a Series C round of funding. The firm did not disclose amount of the funding, however, a regulatory filing by the firm last week indicated the funding round was worth $1.2M. ThisNext said the Series C funding round came from Clearstone Venture Partners, Anthem Venture Partners, and Lightspeed Venture Partners. As part of the acquisition and funding, ThisNext said it has created a new parent company, Curatemedia, to operate both Thisnext and Stylehive.

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