SoftBank Vision Fund 2 supplied funding to the influencer e-commerce platform developer at a $2bn valuation to help accelerate growth and boost international expansion.
US-based influencer marketing platform developer LTK secured $300m in funding from telecommunications and internet group SoftBank’s Vision Fund 2 yesterday at a valuation of $2bn.
Founded in 2011 and previously known as RewardStyle and LikeToKnow, LTK has developed an e-commerce platform which allows online influencers and content creators to recommend and sell items such as clothes and home furnishings on behalf of retailers.
The company intends to use the funding to accelerate the growth of its platform with new products…
