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March 28, 2012 03:22 pm GMT
StyleTread, the leading Australian online shoe store modelled around Zappos principles, has secured a Series C financing of AUD$12 million led by Starfish Ventures, joining existing investors Lakestar, Nine Entertainment Co., and Adinvest. Nine Entertainment recently invested $4 million and is further evidence of a bit of a tech boom in Australia, where a few startups have emerged in recent years including 99designs, Envato, Remember the Milk, SitePoint and DesignCrowd, though many prefer to bootstrap at the outset rather than take VC.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/4LVkJN6K8Ks/
Zappos Clone StyleTread Secures $12 million To Keep Australia Heeled
StyleTread, the leading Australian online shoe store modelled around Zappos principles, has secured a Series C financing of AUD$12 million led by Starfish Ventures, joining existing investors Lakestar, Nine Entertainment Co., and Adinvest. Nine Entertainment recently invested $4 million and is further evidence of a bit of a tech boom in Australia, where a few startups have emerged in recent years including 99designs, Envato, Remember the Milk, SitePoint and DesignCrowd, though many prefer to bootstrap at the outset rather than take VC.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/4LVkJN6K8Ks/
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