05 Apr '13, 7am

Luxola Raises Series A, Pulls Former PopSugar Community Manager Christine Ng To Singapore

Singapore beauty e-tailer, Luxola , just raised its Series A round from GREE Ventures. The amount was undisclosed, but has been rumored to be in the region of $2 million. The company carries about 60 brands of cosmetics and beauty products on its website, and ships to countries in Southeast Asia like Singapore and Malaysia. Its site was launched in September 2012, and it had previously raised a seed round of about $596,820 (S$740,000) from Wavemaker Labs and Singapore government fund, the National Research Foundation. Its initial angel round was about $423,460 ($525,000), according to CEO and founder, Alexis Horowitz-Burdick. Besides its latest funding round, the company has also managed to pull over former PopSugar Director of Affiliates and Social, Christine Ng . Prior to that, she was product manager at Sephora, where she led the beauty store’s social media and interact...

Full article: http://techcrunch.com/2013/04/05/luxola-raises-series-a-p...

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