Bluefly.com Receives $10M in Second-Round Financing
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Fashion and home furnishings retailer Bluefly Inc. said it has completed $10 million worth of second-round financing led by affiliates of Soros Private Equity Partners LLC.
The investor group also includes Pilot Capital Corp., a firm specializing in private equity investments in technology companies, and an additional, unidentified investor.
"In the month since we closed the first round of this financing, the Soros organization has already proven to be an invaluable financial partner, and we look forward to their continued contributions in the future," said Ken Seiff, chief executive officer of Bluefly.com.
Bluefly markets designer and name brand apparel and home accessories at savings of 25 to 75 percent off retail prices.