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Online Consignment Shops Stay Hot, as Andreessen Horowitz Leads $18.5 Million Investment in Twice

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He is a senior correspondent at Vox.

Twice, an online retailer that sells second-hand name-brand clothing, has added $18.5 million in a Series B funding round. Andreessen Horowitz led the investment in the San Francisco startup and one of its partners, former OpenTable CEO Jeff Jordan, has joined Twice’s board of directors.

This article originally appeared on Recode.net.