Beyond the Rack, a private sample sale site, has raised
$2 million in funding from Oleg Tscheltzoff and Oliver Jung, and Montreal Start Up. This brings the startup's total funding to $4.5 million. Similar to Gilt, HauteLook and Ideeli, Beyond the Rack is a members-only shopping site that offers steeply discounted (from 50 to 70 percent) on designer brand clothes, accessories and other goods. The site says that it is seeing 4 million monthly unique visitors, with revenue has growing over 50 percent per month. And Beyond the Rack has 600,000 members after only 9 months of operation.
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