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Thursday June 3rd, 2010

HauteLook Just Raised $31 Million, Here’s How It’ll Use the Money
The Business

HauteLook Just Raised $31 Million, Here’s How It’ll Use the Money

The rise of the flash sales continues.

Los Angeles-based HauteLook has just raised an impressive $31 million round of funding through Insight Venture Partners, a New York-based private equity firm.

That’s a lot of money. But with 2.5 million members, there’s plenty to do with the dough. This afternoon, I chatted with the site’s senior vice president, Greg Bettinelli, about what HauteLook has in store. There are four main objectives:

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Published at 3:29 PM