AlphaLab Blog » modcloth http://www.alphalab.org/blog Wed, 01 Feb 2012 21:03:11 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 ModCloth Raises $19.8 Million http://www.alphalab.org/blog/index.php/2010/06/02/modcloth-raises-19-8-million/ http://www.alphalab.org/blog/index.php/2010/06/02/modcloth-raises-19-8-million/#comments Wed, 02 Jun 2010 15:07:26 +0000 Mike http://www.alphalab.org/blog/?p=162 Continue reading →]]>

Congratulations go out to our friends at ModCloth, who have secured the biggest raise in the Pittsburgh area so far in 2010 for the amount of $19.8 million.

CEO Eric Koger has spoken to AlphaLab participants on several occasions: sharing his experiences in starting the company as well as technical and business strategies that helped make them a leading online clothing destination.

You can find more information about the investment as well as Eric’s comments in the Pittsburgh Business Times article online.

ModCloth is an Innovation Works portfolio company and arguably the fastest growing startup in Pittsburgh – increasing its headcount by five times in two years to 138. The company sells retro and vintage clothing from independent designers.

Congratulations again to Eric, Susan, and the entire ModCloth team!

]]> http://www.alphalab.org/blog/index.php/2010/06/02/modcloth-raises-19-8-million/feed/ 1