Casabu secures investment


Eleven-month-old flash-sales website Casabu has secured a
£900,000 investment led by Ingenious Ventures supported by existing investor
Horatio Investments. Founder Rachel Oxburgh says she will use the investment to
grow the website’s customer database to a million members by the end of the
year. Other improvements will include investment in technology to enhance
product curation, personalisation and social shopping on the Casabu site.

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