Farfetch, a global e-commerce site for independent boutiques, has secured $66 million in Series D funding led by Vitruvian Partners, with participation from existing investors Conde Nast International and Advent Ventures. The company's website brings together more than 300 global independent designer boutiques—from Paris, New York and Milan to Bucharest, Helsinki and Honolulu—allowing customers to shop a vast range of labels and pieces. Founded in 2008, Farfetch offers independent brick-and-mortar boutiques the opportunity to compete with the major players in online retail.
The new round brings Farfetch's total funding to date to over $108 million. The company last raised a $20 million Series C round led by Conde Nast in early 2013. The new capital will be used to continue Farfetch’s rapid growth through building out the company’s global presence, further invest in technology and to develop the organization’s omni-channel offering.