Polyvore Raises $5.6 Million From Matrix Partners

Posted Aug 19, 2009

Polyvore is a fashion website that has a drag and drop interface for mixing and matching clothes from different stores.  Polyvore recently raised $5.6 million in capital from Matrix Partners.  Dana Stalder of Matrix will be joining as a Board member of Polyvore.

The previous round of funding that Polyvore had was $2.5 million from Benchmark Capital and other angel investors.  Stadler joined Matrix last year after previously working at PayPal.

?I think e-commerce as it has been done for the last 10 to 15 years on the Internet doesn?t work particularly well for soft goods ? people are buying books the same way they?re buying skirts online,? stated Stadler. ?This site has the ability to revolutionize e-commerce and the apparel category.?