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Rent the Runway Lets Out a Seam, Makes Room for More Funding

March 12, 2013

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Rent the Runway

Rent the Runway, a New York-based provider of designer clothing and accessory rentals, has expanded its Series C round, which had reached $20 million back in early December. The company is now sitting pretty on $24.4 million, thanks to the recent participation of American Express and Novel TMT Ventures. Conde Nast led the round with Bain Capital Ventures, Highland Capital Partners and Kleiner Perkins Caufield & Byers in tow.

Rent The Runway

Clothing

New York, NY

Investors

Conde Nast (lead)

American Express

Bain Capital Ventures

Highland Capital Partners

Novel TMT Ventures

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