Zilingo Secures USD226 Million from Sequoia Capital, Burda Principal Investments, Sofina, Temasek Holdings, and EDB Investments

Source(s): TechCrunch | Author(s): Jon Russell

Singapore-based fashion e-commerce platform Zilingo has secured USD226 million in a Series D funding round from existing investors Sequoia Capital, Burda Principal Investments, Sofina, and Temasek Holdings. New investor EDB Investments, the corporate investment arm of Singapore’s Economic Development Board, also joined the round. Founded in 2015, the company will use the new capital to continue to expand its supply-chain service offerings and enter new markets including the Philippines and Australia.