Andreessen Horowitz leads $18.5m Series B for Twice


clothing scarves_sqVenture capital firm Andreessen Horowitz has led an $18.5m Series B round for Twice, bringing the used clothing retailer’s fundraising total to $23m.

Existing backers IA Ventures, Felicis Ventures , Lerer Ventures and WTI also participated in the round, as did angel investors Joe Greenstein, Maria Thomas and Mike Lazerow.

Twice was launched in March 2012 and currently has 150 employees. The company is based in San Francisco.

Back in December Andreessen led a $23m financing round for Android smartphone operating platform developer CyanogenMod.

Copyright © 2014 AltAssets