Tuesday, March 6, 2012

Fashion Outpost Nasty Gal Raises $9M From Index Ventures, With $28M In Revenue

ng_origial_leveledcopyLA-based online fashion outlet Nasty Gal has raised $9 million from Index Ventures, after being sought after by almost every VC in the Valley and beyond. Why was the startup so popular you ask? Well not many small businesses made $28 million in revenue in 2011, for one. From Etsy store to a 100 person-strong company, Nasty Gal began humbly in San Francisco as a way for super stylish founder Sophia Amoruso?to showcase her eclectic vintage finds and fashion-forward contemporary picks. The unorthodox name comes from the eponymous Betty Davis (not Bette) song and is meant to embody the kind of woman who shops at the store: "unapologetically sexy" and "badass."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/4ae8tY6ASFY/

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