New York - Gilt Groupe, an invitation-only service that offers consumers access to fashion "sample sales," has raised $5 million in financing from Matrix Partners, PEHub.com reported.

Founded in mid-2007, New York-based Gilt.com offers access to sample sales, usually limited events in cities like New York or Los Angeles, where consumers can buy designer items at steep discounts.

The company features brands from designers like Zac Posen, Marchesa and Alessandro Dell'Acqua, and offers up to three one-day sales per week on its website.

Gilt Groupe said "multiple thousands" of consumers are now joining its service daily.

"Consumers flock en masse to New York sample sales and are passionately committed to their favorite brands," said CEO Alexis Maybank.

"Gilt Groupe brings the sample sale phenomenon and hard-to-access brands to all consumers nationally for the first time, and we offer the sales exclusively online."

Related Links:
http://www.pehub.com/article/articledetail.php?articlepostid=9076

http://www.gilt.com