eCommerce - Thursday, March 22, 2007
Pre-Launch Fashionistas Glimpse.com Catwalk First Round
Greylock and Redpoint have invested in San Mateo-based fashion retailer Glimpse.com. Glimpse.com was founded in April 2006 but has yet to launch. The site will be a place for women to shop online for clothes, shoes, beauty, jewelry, and home décor. The team has put their time into deal-making with the likes Neiman Marcus, Sephora, Banana Republic, Macys, eLuxury, Marc Jacobs, DKNY and Manolo Blahnik.
The company was able to land early funding thanks to the pedigrees of its co-founders. CEO Frank Han was EVP/GM of HSN.com. Jane Saltzman was EVP of Creative and Merchandising at Discovery Channel Retail and tech head Steve Lemon was VP of Tech at Symantec.
We recently profiled a funded competitive site based in San Francisco called Nextsyle and Glam Media is the aspirational model here as it latest $18.5M round gave it a reported $150M valuation.
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