Flash Sales Site Ideeli Grabs $12 Million In Funding

Flash sales site Ideeli has raised $12 million in funding, according to TechCrunch. The news source indicates that the investors involved in this round have not yet been disclosed, but that the $12 million mark would give Ideeli $112 million in total funding.

Ideeli offers 50 to 70 percent off clothing and accessories over a period of several days and brought in $77.7 in revenue in 2011.

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