US-based Move Loot, an online marketplace for second-hand furniture, has secured $9m in a series A round featuring technology research and media group International Data Group (IDG).
The round was led by Metamorphic Ventures, and also included First Round Capital, Index Ventures, Great Oaks and Sherpa Ventures.
Move Loot previously raised $2.8m in a June 2014 seed round backed by Google Ventures, the corporate venturing arm of internet company Google. First Round Capital and Index Ventures led that round, while SV Angel and accelerator Y Combinator also participated.
Move Loot, which graduated from Y Combinator in 2013, provides a platform to sell and purchase high-quality furniture with complimentary pick-up, listing, storage and delivery.
The company will use the series A funding to support growth in its current locations in California and North Carolina and to expand to more cities across the US.