The Netflix For Designer Clothes, Rent The Runway Raises $20M From Vogue-Publisher Condé Nast And Kleiner Perkins

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http://techcrunch.com – Rent The Runway, a Netflix for designer clothes, accessories and jewelry, has raised $20 million in funding led by Condé Nast Publications, with all existing investors participating in the fundraising round including Bain Capital Ventures, Highland Capital Partners and Kleiner Perkins Caufield & Byers. To date, Rent the Runway had raised more than $51 million in venture capital. Rent The Runway allows women to rent designer clothes and accessories at a marked down price. Once you pick a design on the site that you’d like to wear, you can schedule a delivery date. Rent The Runway wi (IT news)