BRIEF: Online boutique bazaar Kitsy Lane raises $3.5M
Jan 09, 2013 (Boston Herald - McClatchy-Tribune Information Services via COMTEX) --
Kitsy Lane, a Maynard-based website that allows anyone to launch their own Internet jewelry and accessories boutique for free, said today it has raised $3.5 million in a first round of funding.
Data Point Capital joined forces with Longworth Venture Partners to lead the round, with existing investor Point Judith Capital also contributing.
Data Point Capital's Scott Savitz, founder of Shoebuy.com, will also join Kitsy Lane's board of directors.
Launched in July, the website has grown to include more than 22,000 women-owned and -operated businesses.
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