Home / Knowledge / News / Fashion / Stylesight raises $16 mn from Fidelity Ventures
Stylesight raises $16 mn from Fidelity Ventures
04
Sep '08
Stylesight announced the completion of its Series A financing with Fidelity Ventures for $16 million of capital to help facilitate its international expansion.

In connection with the financing, Larry Cheng, a partner at Fidelity Ventures, will join Stylesight's board of directors.

Since its launch in 2004, Stylesight.com has dramatically improved the way fashion and style professionals work by simplifying their processes with its state-of-the-art online technology platform and unparalleled Trend forecasting and reporting.

Stylesight's world class information is supported by its advanced image search engine with more than 3 million fashion images.

"As one of the most recognized and respected venture funds in the world, Fidelity Ventures' investment in Stylesight underscores their confidence in our growth and validates our tremendous momentum," said Frank Bober, founder and CEO of Stylesight.

"With their global reach, insight and experience, I am confident that Fidelity Ventures will be an incredibly valuable partner as we continue to grow our business and establish ourselves as the leading information and Software-as-a-Service (SaaS) provider within the style industry."

The new financing will enable Stylesight to aggressively continue the global roll out of its business, with vastly expanded sales, marketing and client service teams.

In addition, Stylesight will build upon its industry-leading commitment to technology and innovation by adding to its programming and R&D staff, and further develop its Fashion Office Trend teams to provide even deeper and more granular content for its growing subscriber base.

"Stylesight has become the premier information service company for the global fashion industry," said Larry Cheng, Partner at Fidelity Ventures.

"Stylesight's product portfolio has a real 'wow' factor and is the must-have service for fashion retailers, manufacturers, designers and factories around the world.

We are pleased to partner with Stylesight to help further their rapid growth and leadership position."

Stylesight


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Pantone

Textiles | On 25th Jun 2018

Pantone unveils polyester standards

Pantone, provider of professional colour standards for the design...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search