Monday, June 10, 2013

Lamoda, The Samwer Brothers' Russian Online Fashion Store, Snags $130M Led By Access Industries

lamoda homepageLamoda, the Russian online fashion site incubated by the Samwer Brothers' Rocket Internet, is upgrading its wardrobe. On Tuesday, the company is announcing a new injection of $130 million -- understood to be a record round of funding for a Russian ecommerce site, passing the $100 million that Ozon, Russia's Amazon, picked up in 2011. This latest round was led by Access Industries, the VC and holding company controlled by Len Blavatnik, with participation also from Rocket Internet regulars, Summit Partners and Tengelmann.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/wpwXqDbCa5s/

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