The second-hand clothing marketplace is now valued at $1.1bn, having raised money from backers including Burda Principal Investments.
Vinted, the Lithuania-based operator of an e-commerce platform for used fashion items, has secured €128m ($141m) in funding from investors including media company Hubert Burda, Bloomberg reported today.
The round was led by venture capital firm Lightspeed Venture Partners and also featured Sprints Capital, Insight Partners and Accel, while Burda took part through its Burda Principal Investments unit. It valued the company at approximately $1.1bn.
Vinted runs an online platform with more than 25 million registered users that allows them…
