Stylesight, a New York-based provider of trend content, tools and technology for the fashion and style industries, has closed a $10m equity investment.
The round was led by Volition Capital, a growth equity firm formed by the US team of Fidelity Ventures, and Cue Ball Capital.
The funds will be used to accelerate the company’s global expansion.
In conjunction with the financing, Richard J. Harrington, Chairman and General Partner of Cue Ball Capital, and retired CEO of The Thomson Corporation (now Thomson Reuters), will join Stylesight’s board of directors.
Founded in 2003 by apparel manufacturing veteran, Frank Bober, Stylesight.com provides trend content and Software as a Service (SaaS) designer tools available in Chinese, Japanese, Spanish and English.
Its subscribers include leading retailers, designer and manufacturers worldwide.