Lehman Bros. backs myShape amid death rattle
Only a few weeks before its demise, Lehman Brothers Holdings Inc. led a third round of funding for myShape, an online store that helps women find clothes that fit their exact dimensions. The company’s venture branch committed to the contribution in August before filing for bankruptcy in mid-September.
Seemingly unaffected by the Lehman fund’s collapse, the investment round remains open. So far, Pasadena, Calif.-based myShape has raised $12 million, and hopes to close above its target… Continue Reading