Threadflip seals USD6.5m for used clothing marketplace

Threadflip, an online marketplace for used clothing, shoes and accessories, has raised USD6.5m in a Series A funding round from Shasta Ventures, Lowercase Capital, First Round Capital, Baseline Ventures, Slow Ventures, Forerunner Ventures, Greylock Discovery Fund and Andreessen Horowitz. The San Francisco-based startup, which has recently launched an iPhone app, says it is using the money to triple its staff to 20 employees