The Daily Startup: Fashion Wholesale Site Joor to Expand

The Daily Startup: Fashion Wholesale Site Joor to Expand

Joor Inc. has closed $15 million in Series B funding to bolster its platform that connects fashion brands and retailers and expand its wholesale marketplace worldwide. The infusion was done at a valuation around $80 million and brings in new investor Canaan Partners as the lead backer along with Advance Publications Inc., the parent company of Condé Nast.

Veteran developers of enterprise technology for hotels have formed a new startup,StayNTouch Inc., and raised $1.6 million in seed funding for it. Concur Technologies Inc.’s CNQR +0.49% Perfect Trip Fund led the seed investment. The Maryland startup plans to use its funding to develop and launch an enterprise property-management system and a consumer-facing app by the second quarter of 2014.

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