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ideeli lands $30 million in new funding

Retail Editor 3 -- Home Textiles Today, June 21, 2012


New York - Credit Suisse is providing ideeli with $30 million in Series D financing the retailer said it will use to fuel growth and pump up infrastructure "as we transform our business beyond the flash sales model into the next generation of ecommerce," according to Paul Hurley, ideeli founder and ceo.
Launched in 2007, ideeli last year was named the fastest growing company in the U.S. by Inc. magazine. The site offers curated fashion apparel, home décor and beauty products from more than 3,000 vendors. It currently has 5.5 million members.

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