Online Shoe Retailer Spartoo Marches On With €25 Million Series C, Led By Sofina, To Bolster European Growth

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http://techcrunch.com – European online footwear and bag retailer, Spartoo — the ‘Zappos of Europe’ — has raised €25 million ($32.5 million) in Series C funding led by Belgian investment holding company Sofina. Existing investors A Plus Finance, CM-CIC Capital Privé, Highland Partners and Endeavour Vision also participated in the round. The company has raised €45 Million to date, since being founded back in 2006. Spartoo said it plans to use the new funding to sustain “aggressive expansion” across the European market. The company is now profitable in its core French market (IT news)