JustFab Reportedly Seeking Up to $100 MillionThursday, May 15, 2014
El Segundo online fashion retailer JustFab is reportedly seeking $50 million to $100 million in pre-IPO funding and has hired Morgan Stanley to facilitate talks with investors.
The news was first reported by tech news website Recode.
A JustFab spokeswoman declined to comment.
JustFab raised $40 million in Series C funding in September led by Shining Capital Management in Hong Kong. The investment came months after the company acquired its biggest competitor, ShoeDazzle.
JustFab previously told Recode it expects $400 million in revenue this year.