farfetch Reaches $20M from Condé Nast

farfetch, an online marketplace for independent fashion boutiques, has raised $20 million in Series C financing led by magazine publisher Condé Nast International. Of the financing, Condé Nast president James Bilefield stated, “As the leading multimedia publisher connecting people to the fashion brands they love, this investment underlines our commitment to extend the scope of our activities and back great entrepreneurs.” The fresh funds will help farfetch to expand into new markets and support its existence in current ones. Also participating in the round were existing investors Advent Venture Partners, Index Ventures and e.ventures.

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