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January 16, 2014
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San Francisco-based online clothing resale store Twice has raised $18.5 million in new funding led by Jeff Jordan of Andreessen Horowitz with participation from existing investors IA Ventures, Felicis Ventures, Lerer Ventures, WTI, and a handful of angels. Twice brings the consignment experience online, offering most items for 70 to 90% off retail price, with free shipping on orders over $49. Founded in 2011, Twice has raised over $22 million in funding to date and will put the new funds towards hiring and expanding operations.
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Palo Alto-based online payments startup WePay has raised $15 million in a Series C round led by Phil Purcell of Continental Investors with participation from Max Levchin, Maynard Webb, and Raymond Tonsing. WePay provides a simple platform for businesses to collect and manage payments online with additional features to support e-commerce, event registration and ticketing, custom invoicing, donations, and mobile payments. Founded in 2008, WePay has raised $35 million in total funding and plans to use the latest capital to back product development and international expansion.
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French music video startup Mindie has raised $1.2 million from SV Angel, Lower Case Ventures, David Tisch, Dave Morin & Slow Ventures, Betaworks, CrunchFund, and a number of angels. Mindie allows users to capture 7-second videos and back them by iTunes track previews to create and share personal music videos. Launched in October of last year, Mindie is currently seeing a 20% weekly growth rate and expects to see 1 million users by the end of the year.
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Since the last email, CrunchBase captured more than 41 rounds and $166 million in fundings... and the data keeps rolling in.
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