AAA Custommade fashions $4m

Custommade fashions $4m

CustomMade, an online marketplace for crafted goods backed by Google’s corporate venturing unit, raised $4m on April 25.

The company said it had raised the funds in a Securities and Exchange Commission filing.

News provider TechCrunch said the round was co-led by Google Ventures and Schooner Capital.

TechCrunch added Launch Capital, Nextview Ventures, Andrew McCollum and First Round Capital joined the round taking CustomMade’s total funding to $8m.

CustomMade secured $2.1m in series A financing in November from investors including Google Ventures, the corporate venturing unit for internet company Google, according to TechCrunch.

Venture capital (VC) firm First Round Capital co-led the A round with Google Ventures, while additional participants included VC firms Next View Ventures and Launch Capital, and VC fund Founder Collective.

The series A round follows Custommade’s seed round, which raised $1.15m in June last year from three Boston-based investors. Custommade has not disclosed the identity of the investors.

Custommade provides an online marketplace where customers can interact with skilled makers of furniture, jewellery and any other craft-based product, and negotiate rates for customised items to be made. Custommade plans to upgrade its website, adding new features, and will mainly invest the latest funding in expanding its operations and staffing.

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