Fits.me secures successful series a funding round with Entrepreneurs Fund
February 03, 2012Fits.me (www.fits.me), the leading provider of virtual fitting rooms and associated technologies to the fashion e-commerce industry, closed a Series A round of financing led by Entrepreneurs Fund.
The seven figure investment enables Fits.me to accelerate the delivery of virtual fitting room services as well as to provide additional sales and marketing resources to fuel Fits.me’s growth. Entrepreneurs Fund recognises that Fits.me products and services best address the single biggest barrier to fashion e-commerce growth: assuring that customers can accurately select their size. Entrepreneurs Fund is a London-based venture capital fund with €100 million under management, which it invests in early stage and growth companies owning strong technology/IP, with a focus on Europe. Technology sectors of interest include life sciences, materials, clean-tech and retail. Entrepreneurs Fund is an active investor working closely with outstanding management teams in developing their businesses. www.entrepreneursfund.com