Virtual fitting room company Metail has announced the closing of a further US $12 million of funding, bringing the total investment in Metail to US $12 million since it was founded on 2008. The round’s lead investor is TAL Group, a global leader in garment manufacturing. whose CTO Delman Lee joins the board. Additional investment comes from existing investor John Gleasure, commercial director of Perform Group Plc, who also joins the board.
The investment will be used primarily to develop Metail’s mobile offering, scheduled for release early next year. Metail develops online fitting room technology which aims to increase consumer confidence in buying online as well as reduce returns made due to poor fit.
Share