VC-backed Farfetch raises further $86m

Also involved in the funding round were existing backers Vitruvian Partners and Condé Nast.

The mega funding round follows the company's $66m series-D round in May last year, led by Vitruvian Partners. To read our in-depth anaylsis of this deal, which explores the rapid increase in valuations for online retailers, click here.

Company
Founded in 2008, Farfetch is a London-based e-commerce company that enables independent designer boutiques to trade on a global platform. It has a client base of 300 and saw its revenues more than double in 2013.

People
José Neves is the chief executive and founder of Farfetch. Mike Risman is a managing partner at Vitruvian Partners. Yuri Milner is the founder of DST.

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• Topics
• UK / Ireland
• Expansion
• Vitruvian Partners
• United Kingdom