Fashion marketplace Poshmark raised $25 million in funding. GGV Capital led the round with participation from all previous investors including Mayfield, Menlo Ventures, Inventus Capital, Union Grove Venture Partners, Shea Ventures, AngelList and SoftTech VC.

Poshmark is a mobile marketplace for fashion built around real-time social experiences. Core to the Poshmark experience are Posh Parties, which are themed, real-time shopping events where people gather to shop, share, and sell fashion right from their phones. Poshmark's vibrant community brings fashion lovers together to share their individual style, turning every closet into a unique shopping experience.