The Hunt, an online shopping community, announced today that it had closed USD5.5 million in its first round of institutional funding. The company will use the new capital to create an iPhone app version of the site, according to a report published by VentureBeat.

The Hunt is an app designed for intense shoppers. According to its website, it is a community that allows you to track down items that you desire or covet. The Hunt's platform would allow users to take a picture of clothes, shoes, accessories, or other items that they want to have and source shopping information from other online shoppers. Users could also grab an image from the Internet and ask other community members where to obtain that certain item, the report explained.

A spokesperson for The Hunt said of the app, "It's like hanging in the fitting room with your close friends."

The Hunt will be announcing its iPhone app today. The new app is built according to the specifications of iOS 7, VentureBeat reported.