Bib + Tuck Financing scores to your wardrobe exchange Endless

Two friends for life - with the same name, no less - have developed a way for fashionistas, her cool cabinets without having to hold the bank. Technically, there is no money.

Sari Sari Bibliowicz Azout and have spent the last year to be Bib + Tuck, a New York City-based members only site that women share their fashion items for virtual currency. After the launch in private beta in November last year, the company announced that it received $ 600,000 seed capital from investors Chris Burch and others.

"The Internet allows us to mark a story to tell, and a population control group," Azout said in an interview with VentureBeat. "Our audience feels like they are using this site, part of something."

Basically Bib + Tuck looks like a mashup of visual focus on Pinterest offers for members only shopping sites like Thrillist and share business startups Lyft. Members can create their own clothing trade (the site calls it "bibbing"), and if they even have a decent amount of credits it against objects (can redeem "border accumulated other members). If you just want to shop, you can simply go for loans to pay for

Focusing on great photos of its members, the site also allows women to use their cabinets as a means of self-expression. Bib + Tuck members feel cool about the site, the founders say. The current members are singer and actor Sasha Spielberg, daughter of Steven Spielberg, as well as a who's who of the fashion scene in New York.

While there are many other ways for women to remove their cabinets - as a gift of charity or sell things on eBay - Bib + Tuck as a smart option for concentrate mode positioned. This is an inexpensive way to update your wardrobe, and it could also be the perfect way to be something that you find only wear once

So far Azout and Bibliowicz the website with more than $ 100,000 of its own funds bootstrap. Bib + Tuck hanging over 10,000 members since its beta launch in November, and while he is not ready to go public, the founders say it will happen soon.

With the new funding, the company, more employees, site-wide plans to hire in preparation to go public and launch an iPhone app later this summer.

The history of the co-founders is something fiction. Azout and Bibliowicz met in kindergarten in Colombia and became fast friends (even stuck to their similar cabinets). The couple eventually found in the same building together NYC while studying, and it was not long before they began to share their clothes. Finally, they realized that it would be nice if other women could as well open their closets.