Raises $12m in Funding, a Russia-based online shoe retailer, has raised $12m in funding.

The round was led by Intel Capital, with participation from existing investors Direct Group, eVenture Capital Partners and Kinnevik.
This investment brings the total amount raised by the company to date to $20m. intends to use the funds to further scale the business.

Launched in June 2010 and led by CEO Matthieu Lannegrand, the web site currently sells more than 5,700 models (shoes and accessories) from more than 200 brands for women, men and children.
Active customers are more than 100, 000.



Join the discussion