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June 9, 2011 01:28 pm GMT
Sapato.ru, a Russian online shoe retailer, this morning announced that it has secured $12 million in additional capital from Intel Capital, with existing investors Direct Group, eVenture Capital Partners and Kinnevik participating. The round brings Sapato.ru's total of funding to approximately $20 million.The investments will be used for expanding the assortment range, marketing and to improve customer service through enhancement of the startup's CRM platform.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9FxtvUHhQ7Y/
Sapato.ru, The "Zappos Of Russia" , Raises $12 Million From Intel, Others
Sapato.ru, a Russian online shoe retailer, this morning announced that it has secured $12 million in additional capital from Intel Capital, with existing investors Direct Group, eVenture Capital Partners and Kinnevik participating. The round brings Sapato.ru's total of funding to approximately $20 million.The investments will be used for expanding the assortment range, marketing and to improve customer service through enhancement of the startup's CRM platform.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9FxtvUHhQ7Y/
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