Start-up Sense of Fashion has raised a round of money from the Gemini Israel Funds venture capital fund.

The Tel Aviv, Israel-based company runs an e-commerce site for independent fashion designers to sell and promote their products. It was founded by Daria Shualy and Yael Givon and resembles the do-it-yourself sales site Etsy. The site tries to promote discussion around indie fashion around the world. The blog StartUpMania reported the funding but had no further details. The amount is said to be more than $1 million.

Sense of Fashion’s chief executive is Ori Levy, founder of the start-up Trendum Buzzmetrix which was sold to Nielsen. Levy was the main investor in the company before Gemini invested. Sense of Fashion was founded in 2008 and has four employees.

Companies: Gemini, Sense of Fashion

Article courtesy of VentureBeat » Deals & More

In a press event at CTIA Wireless in Las Vegas, Samsung unveiled the details on the new Galaxy S smart phone, and a related set of services called Smart Life.

Samsung mobile exec J.K. Shin officially unveiled the phone earlier; he made a brief appearance here, but the company brought out another guy – an SVP named Omar Khan – to walk through the details on the phone.

• Supports e-mail services, including web mail and Active Sync, social networking messages, aggregates email, calendar, IM, contacts into single screen. Kevin Thau, VP of mobile  business at Twitter is introduced; he says mobile is in Twitter’s DNA. He’s talking about how great it will be to tweet on the company’s big 4-inch super AMOLED screen. But he doesn’t make any actual news. He notes that the phone pulls all of the social networking info into an application called Social Hub.
• Khan is back. He notes that the device uses the DLNA standard to share information with other consumer electronics devices.
• He’s talking with great passion about the super AMOLED display. The benefits are “truly endless!”
• He also says it is the most response touch-screen experience available.
• The phone is just 9.9 mm thin.
• To repeat what Shin said earlier, he points out: the phone is 20% brighter, 80% less reflective, and has 20% higher battery life.
• The phone will have Skiff reader software for magazine, newspaper and book content. The Skiff is an e-reader that is supposed to be introduced later this year.
• The phone has a new Layar Reality Browser.
• 1 GHz browser is at least 3x the power of other smart phones, Khan says.
• A guy from Paramount Pictures is here to talk about the power of distributing movies on mobile devices. No specific announcements, but boy, movies on phones! Woo-hoo!

Article courtesy of BARRONS.com: Tech Trader Daily