MADE.com Raises £6m In Series B Financing

Mike Butcher

Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

Tuesday, January 10th, 2012
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Apparently, “there are only three areas in ecommerce to build billion dollar business: amazon, zappos and furniture”. That’s at least according to Oliver Samwer of clone factory Rocket Internet in Berlin.

Perhaps he right. Because now Made.com, a London based start-up that offers consumers designer furniture online at factory prices, has raised a £6 million series B funding to expand its brand in the UK and fuel international expansion. New York-based growth equity investor, Level Equity, led the funding round with additional investment from founding investors, PROfounders Capital.