Business of Fashion Raises $2.1M in Seed Funding
Business of Fashion, a London, UK-based daily resource for fashion creatives, and executives, and entrepreneurs, raised $2.1m in seed funding.
The round was led by Index Ventures, with participation from LVMH; Samos Investments; Carmen Busquets; Novel TMT Ventures; and Advancit Capital.
The company intends to use the capital to build the team and develop its technology platform.
Founded by CEO Imran Amed in 2007 as a personal blog, Business of Fashion today represents a professional resource for fashion executives, creatives and entrepreneurs in more than 200 countries. It leverages a network of fashion writers in style capitals around the world to deliver fashion business intelligence on emerging designers, technologies and global brands.