Videdressing is the largest and the fastest growing online fashion marketplace. It offers shoppers a true fashion ecommerce experience with a compelling value proposition for both buyers and sellers. Founded by a bi-cultural (US / French) team at the end of 2009, the company has been experiencing explosive growth with revenues multiplied fivefold over the past year. The funds will be used to further accelerate its growth and increase its market share in France and expand globally.nnDN Capital is a pan-European investor, whose mission is to help companies become global leaders in their respective markets. They provide early-stage capital to entrepreneurs, and growth equity to fast-growing companies in the digital media, e-commerce and software sectors.nnEarlybird is one of the leading private equity and venture capital investment firms in Germany with EUR 500 M under management. The fund has invested in more than 70 companies with a focus on enabling fast growing companies led by great founding teams.nnPiton Capital invests in online businesses with network effects, having experienced first-hand the power of businesses based on network economics at Autotrader, Betfair and QXL Ricardo. The fund invests from seed to late stage throughout Europe.nnGeneris Capital is a Paris-based venture capital fund manager, focused on providing both equity and debt financing to growth companies. The partners at Generis Capital bring over 40 years of experience managing 90 private equity investments since 1998 for a total amount of capital deployed over EUR 380 M.nn"The new funding will enable us to continue to invest in strengthening and expanding our business so we can help more customers in France and beyond to find more covetable products at highly attractive prices. This latest round of financing marks the opening of a new chapter of our adventure for which we are very excited" says Meryl Job, co-founder and CEO of Videdressing.nnThe company had previously raised a total of EUR 1 M with Business Angels. "This $6 million investment will enable Videdressing to launch internationally and further consolidate its leadership position in France" mentions Sandrine Vergnory-Mion, Principal at LD&A Jupiter.nnMatthieu Rosset, Managing Partner at LD&A Jupiter adds "We are very pleased to have advised Videdressing in this financing round. Led by an exceptionally talented team and now backed by a strong syndicate of leading international VCs, the company is poised to take over its market on a global scale."
