By  on December 12, 2013

NEW YORK — Moda Operandi raised more than $20 million in additional funding to expand its brand of luxury e-commerce.

The funds will go toward inventory and asset purchases, strengthening the overall platform from a technology standpoint, investing significantly in mobile and a relaunch of modaoperandi.com in the third quarter of next year, said Deborah Nicodemus, who was named chief executive officer in October.

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