Internet retailer Ideeli Inc. just got a big lift.
The fast-growing Web site, which specializes in limited-time sales, has received $30 million in funding from a group of investors, including Credit Suisse. It’s Ideeli’s fourth round of funding since the company was founded by Paul Hurley out of his apartment in November 2007, bringing Ideeli’s total funding to about $100 million. All the other investors — Next World Capital, Cue Ball Capital, StarVest Partners, Constellation Growth Capital and Kodiak Venture Partners — participated in the latest round of funding.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"