Social Shopping Startup Little Black Bag Raises $8 Million
Little Black Bag, an eCommerce company with heavy social integration, has raised $8 million in equity backing, All Things D reports.
On the site, Little Black Bag customers are able to purchase exactly that — a “little black bag,” filled with surprise fashion products. Buyers can then go online to trade the products they don’t want with other users.
The company has raised nearly $11 million in backing to date, the report says.