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May 15, 2013 02:54 pm GMT

Private Sales Club Privalia Tops Up Its Total Funding To $251M, With $32M From New Investor Sofina, To Drive Latam Growth

PrivaliaAnother funding raise for a collaborative consumption startup: Spain-based private sales club Privalia, which sells branded clothes and accessories at discounted prices to members in the five markets it currently plays in, has closed a new 25m round ($32.3m). The company did not specify which round this latest raise falls under but has previously raised a total of $218m in two rounds.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/T8dsVof5aLw/

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