Matrix Leads $33M Infusion For Online Retailer

Law360, New York (September 21, 2011, 2:42 PM EDT) -- Online shoe and handbag retailer JustFabulous announced Wednesday that it had landed $33 million in growth financing from investors including Matrix Partners and current backer Technology Crossover Ventures.

The emerging e-commerce business closed on its Series A round of financing, generating $33 million in funding for the expansion of its platform and range of products, JustFabulous said, noting that Matrix Partners led the investment while TCV and fashion celebrity Kimora Lee Simmons also participated in the funding.

Adam Goldenberg, co-founder of Intelligent Beauty, a TCV-backed incubator...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.