Rho Ventures Ups Stake in Bluefly

Listed online retailer Bluefly Inc. has raised $6.5 million in fresh capital from Rho Ventures, Soros Fund Management and Prentice Capital Management. With the latest infusion, Rho Ventures now owns 37% of the company. The new money will be used to expand sales and fuel other growth efforts.

8 September 2011•2 mins read
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