notonthehighstreet.com receives £10m series-D funding

The investment will support the company's growth in the UK and its international expansion. It follows the website's recent introduction of multi-currency functionality. FGPE invested from its £100m fund raised in 2010.

The company received £7.5m from Index Ventures and Greylock in 2010, following a £1m investment by Venrex Investment Management in 2008 and undisclosed early-stage funding from SPARK Ventures in 2007.

Company
Founded in 2006, notonthehighstreet.com is an online shopping website. It acts as an intermediary between buyers and small independent businesses, selling bespoke products including fashion, jewellery and home & garden items. The company is based in London and generated a turnover of £6.4m in 2010.

People
Davor Hebel from FGPE and Laurel Bowden from Greylock Partners will join the board of notonthehighstreet.com. Previous investors Tom Teichman (SPARK Ventures), Mark Esiri (Venrex Investment Management) and Ben Holmes (Index Ventures) also sit on the board.

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• Topics
• UK / Ireland
• Consumer
• Expansion
• United Kingdom
• Index Ventures
• Greylock Partners
• SPARK Ventures
• Fidelity Growth Partners Europe (FGPE)