Wednesday, November 26, 2008

Shopping clubs are hot: raises €10M (via

German shopping club has raised a €10 million round of funding. It’s their series C, led by Partech International. Some old friends from previous rounds joined them: Mangrove Capital Partners and Holtzbrinck Ventures both chipped in. In these rough economic times, such a large boost in an e-commerce site is quite spectacular.

Yet when you read Brands4Friends’ story, the financial backing makes complete sense.

The full story here: Shopping clubs are hot: raises €10M

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