The Business of Fashion Raises $2.1 Million of Seed Funding
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London, UK – The Business of Fashion, an essential daily resource for fashion creatives, executives and entrepreneurs in over 200 countries has raised $2.1 million of seed funding from LVMH (Moet Hennessy Louis Vuitton), Samos Investments, Net-a-Porter investor Carmen Busquets, Novel TMT Ventures and Advancit Capital.
“At a time when the fashion industry is grappling with the challenges and the opportunities that the digital revolution is presenting, BoF is providing insight and information in a way that is vital in meeting these challenges” said Robin Klein, partner at Index Ventures.
The new funds will be used in growing the site by hiring more content writers and fashion bloggers.
Funding Total: $2,100,000
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|Investors: Index Ventures, LVMH, Novel TMT Ventures, Advancit Capital|