19 Feb '12, 1pm

[STARTUP] Fashion.me May Become the “Facebook of Fashion” Thanks to Intel?! #3rdtweet

[STARTUP] Fashion.me May Become the “Facebook of Fashion” Thanks to Intel?! #3rdtweet

Intel Capital, the investment arm of one of the world’s biggest chip makers, has invested an undisclosed sum into Fashion.me , a 3-year old niche social network with over 1,000,000 users whose founder, Renato Steinberg , Vuksan interviewed at Techcrunch Disrupt . It was actually Techcrunch Disrupt when Steinberg first crossed paths, according to iG’s Diego Remus . Fashion.me is not the only project in this investment batch, with invite-only luxury buying club Coquelux also getting funding. Although both the Brazilian Exame and The Next Web wrote about the deals – we don’t know any of their terms. What we do know is that Steinberg wants to use the investment to help Fashion.me go global . Fashion.me is waiting to go global. This is by no means Intel Capital’ s first investment in the region. It started investing in Brazil specifically in 1999., and the number of supported s...

Full article: http://www.domain.me/blog/fashion-me-may-become-the-faceb...

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