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Shopping Site StyleFeeder Raises $500,000

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Social shopping site StyleFeeder has raised $500,000 from existing investors Highland Capital Partners and Schooner Capital, according to an SEC filing. The site recommends purchases based on a users’ tastes. StyleFeeder will now have raised $2.5 million since its start in 2005. Founder Philip Jacob tells Xconomy that the site is profitable and that the additional funds are “basically just cushion money.”

4 Responses to “Shopping Site StyleFeeder Raises $500,000”

  1. jenkins

    You're the only world expert we know, tool! If they were printing money then they wouldn't be raising $500k. Oh, wait, I bet you're going to tell me that they didn't really need the money.