By  on August 29, 2014

LOS ANGELES — JustFab Inc. has raised $85 million in funding to enable the fashion and accessories e-commerce company’s expansion in Western Europe and next year’s full-scale launch into apparel.

Led by San Francisco-based Passport Special Opportunity Fund with participation from existing investors Matrix Partners, Technology Crossover Ventures and Shining Capital Management — which last year invested $35 million — the infusion brings the total raised by JustFab to $235 million since its launch in March 2010. Industry sources estimate the post-investment valuation of the company at around $1 billion.

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