Yola, a provider of specialist websites, has reportedly raised its series B round from Reinet Fund, a subsidiary of Luxembourg-based luxury goods investor Richemont.
Yola, formerly known as Synthasite, has raised $25m from Reinet, according to its Facebook page.
Yola’s website said Reinet Investments is "substantially influenced" by the Rupert family of South Africa and was formed out of the restructuring of Richemont, the Swiss listed luxury goods group. "Columbus VC, a wholly owned subsidiary of Reinet Investments is a significant shareholder in Yola," the company said.