Moda Operandi raises $22m Series D


clothes-scarvesOnline fashion retailer Moda Operandi has raised a $22m Series D round from existing backers.

The startup previously raised $47.5m, according to Dow Jones.

Moda Operandi, which is based in New York, is backed by New Enterprise Associates, New Atlantic Ventures, Manatt Venture Fund, LVMH, Conde Nast and RRE Ventures.

Other businesses backed by New Enterprise Associates include biotechnology startup Edimer Pharmaceuticals, which raised $18m in Series B funds in July last year.

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