TheRealReal: Luxury Online Consignment Site Just Raised More Cash — This brings the online consignment site’s total funding to over $100 million.

Ven­ture cap­i­tal­ists are pour­ing more mon­ey into mar­ket­places for used clothes. Just a week after Posh­mark, a mobile cloth­ing mar­ket­place raised $25 mil­lion, rival The­Re­al­Re­al is also announc­ing a new $40 mil­lion cash infusion.

The­Re­al­Re­al, which focus­es on lux­u­ry cloth­ing, jew­el­ry, and art, has raised a new fund­ing round led by Green­spring Asso­ciates, with new investors Broad­way Angels, Next Equi­ty, and Spring­board Fund par­tic­i­pat­ing. Exist­ing investors Canaan Part­ners, e.ventures, Grey­croft Part­ners, Inter­West Part­ners, DBL Part­ners, and Indus­try Ven­tures also backed the com­pa­ny, bring­ing TheRealReal’s total fund­ing to $123 mil­lion. The com­pa­ny declined to dis­close its valuation.