Fashion News and Shopping Site Refinery29 Raises $20 Million
Refinery29, one of the most prominent Web properties pursuing the “content + commerce” meme, has raised a $20 million C round funded by Stripes Group. The fashion news/shopping company, which has raised more than $30 million since 2005, says it will use the money to push into new categories, including beauty and entertainment, and will also invest in technology. Refinery29 says it has a global audience of 11 million people.