Otrium raises £87M from London VCs Index Ventures, BOND and the early investor in Alibaba

Otrium raises £87M from London VCs Index Ventures, BOND and the early investor in Alibaba

Otrium, an online fashion outlet marketplace with hundreds of designer stores all in one place has recently raised $120 million (approx £87 million) in a Series C funding co-led by London VCs — BOND and Index Ventures. Eight Road Ventures, also a London-based global venture capital fund, participated in the round, which is also an early investor in e-commerce tech giant Alibaba.

This funding comes ten months after it raised $26 million (approx £18 million) from Eight Roads Ventures, Index Ventures, and Hans Veldhuizen. Post the latest funding round, the company values at roughly £653 million.

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