Conde Nast Pours Cash into Rent The Runway

Rent the Runway, an online company for dress and accessory rentals, has sealed $20 million in new capital from investors including Conde Nast parent company Advance Communications, as well as venture firms Bain Capital Ventures, Highland Capital Partners and Kleiner Perkins Caufield & Byers. The company has raised $31 million in total funding to date.

North AmericaUSBriefs