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Shopping Site StyleFeeder Raises $500,000

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Social shopping site StyleFeeder has raised $500,000 from existing investors Highland Capital Partners and Schooner Capital, according to an SEC filing. The site recommends purchases based on a users’ tastes. StyleFeeder will now have raised $2.5 million since its start in 2005. Founder Philip Jacob tells Xconomy that the site is profitable and that the additional funds are “basically just cushion money.”

SEE ALSO: Shopping Engine StyleFeeder Completes $2 Million First Round

May 20, 2009 6:37 PM ET

Posted In: Money, M&A & Venture Capital, Venture Capital

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