Stylesight, a company that specializes in trend forecasting and product development tools for professionals in the fashion and style industries, has raised $5 million in funding according to an SEC filing. The company previously raised $16 million in series A funding from Fidelity Venture in 2008.
Stylesight allows designers, manufacturers, and retailers to access the latest fashion data and images, which can then be used in online advertising campaigns, design plans, and merchandise displays. Stylesight hosts a library of millions of images from runway shows and other sources, and will give retail operations and designers reports on trends and product ideas.