Gemvara closes $15m Series C round
Gemvara Inc., a Lexington-based online retailer of customer-designed fine jewelry, announced the closing of a $15 million round of Series C funding.
The round was led by Balderton Capital, a London-based venture capital firm, and Balderton’s Mark Evans will join Gemvara’s board of directors, the retailers said.
Existing investors Highland Capital Partners and Canaan Partners participated in the round.
Gemvara said it plans to use the capital to further enhance its jewelry shopping experience, expand the breadth of its merchandise, and continue providing highly personalized customer service.