Moda Operandi Raises $10 Million
Moda Operandi, a New York-based online luxury apparel retailer, said Monday it raised $10 million in series B financing in a round led by venture capital firm New Enterprise Associates. Previous investor New Atlantic Ventures also invested in the round. Moda Operandi users can pre-order apparel from designers such as Marc Jacobs, Vera Wang, and Missoni immediately after runway fashion shows. The company, which launched in February, said the new funding will support its growth and expansion.