Author: Manish Singh / Source: VentureBeat
Joor, an online marketplace that connects fashion brands and retailers, has closed $16 million in series C funding as it looks to add more tools to its platform and expand operations in Asia.
The round was led by Japanese conglomerate Itochu and included participation from existing investors Canaan Partners and Battery Ventures.
Joor has raised $36 million since it was founded in 2010.The company currently works with nearly 200,000 retailers and 8,600 brands in 144 nations. Through its platform, Joor offers free and paid tools to brands and businesses to help them collect and manage data and inform production, forecasting, and merchandizing decisions.
Joor CEO Kristin Savilia told VentureBeat in an interview that the company would use the fresh capital to add…
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