Glossybox, a Germany-based fashion internet retailer backed by the former corporate venturing unit of Germany-based media company Georg von Holtzbrinck Publishing Group, has received more than €55m ($72.5m) in financing in its history, it disclosed as it hit the benchmark of sending out two million boxes in its one year and a half history.
Berlin-based Glossybox’s parent company Beauty Trend Holding is backed by Holtzbrinck Ventures, which spun off from Georg von Holtzbrinck Publishing Group in 2011, and Germany-based venture firm and incubator Rocket Internet and listed Swedish investment company Investment AB Kinnevik.
The company added it now has more than 300 employees in 16 countries.