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Beauty Trend (Glossybox) secures $72.3 million in funding
Dec 17, 2012 (Datamonitor Financial Deals Tracker via COMTEX) --
Beauty Trend GmbH (Glossybox), a France-based provider of beauty subscription packages, has secured more than EUR55 million in funding from Rocket Internet GmbH, Holtzbrinck Ventures and Investment AB Kinnevik.
Deal Value (US$ 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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