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TMCNet:  Beauty Trend (Glossybox) secures $72.3 million in funding

[December 17, 2012]

Beauty Trend (Glossybox) secures $72.3 million in funding

Dec 17, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- Beauty Trend GmbH (Glossybox), a France-based provider of beauty subscription packages, has secured more than EUR55 million in funding from Rocket Internet GmbH, Holtzbrinck Ventures and Investment AB Kinnevik.
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Deal Value (US$ Million) 72.3 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2012-12-17 Deal Participants Target (Company) Beauty Trend France SAS Deal Rationale Glossybox will use the funding to expand its service to more countries beyond the 16 markets.

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