US luxury sales website gilt 40 million dollar VC

Source: Internet
Author: User
Keywords Venture capital luxury goods Gilt

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Gilt Groupe, the US luxury sales website, recently announced a 40 million dollar venture, with General Atlantic and Matrix, a venture capitalist, involved in the investment.

Gilt Groupe is an online boutique sales website that sells samples of top designers and is not for sale, creating e-commerce platforms for luxury goods.

Gilt Groupe hosts about 20 sales per week, each of which starts at noon and lasts 36 hours. Gilt groupe goods discounts ranging from fixed discount to 70%, are designed by renowned fashion circle designers, from the Rising Star Pechisaquison (Page Sargisson) to the fashion industry Thunderclap (Paul Frank).

According to the reporter understand, Gilt groupe was founded in 2007, headquartered in New York, so far a total of 58 million U.S. dollars in venture capital.

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