By  on June 24, 2011

NEW YORK — Moda Operandi, the online upstart by Lauren Santo Domingo and Aslaug Magnúsdottir, secured its second round of funding on Friday.

Venture capital and growth equity firm New Enterprise Associates Inc. is the lead investor in the series B financing of $10 million, which is expected to help the site build its infrastructure and grow its international reach. The first round of financing was led by Boston-based New Atlantic Ventures.

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