Since launching in November 2012, New York-based fashion startup Vaute has raised more than $1.1 million in its quest to be your go-to for luxury eCommerce.
So far, the company has caused a buzz by creating what TechCrunch describes as “a web platform where notable people [think starlets, fashionable executives, designers, and socialites] show off the stuff in their closets – and put things up for sale.”
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The company currently has nine employees but expects to expand in the coming months as it moves into a new Manhattan office and releases its own mobile app.
Read the full report here.