Shopping app co-founded by Romanian raises USD 25 mln
Spring, an eight-month-old shopping app, which has the Romanian Octavian Costache as co-founder, has recently raised a USD 25 million investment.
It became the first big mobile shopping mall. The app was launched last August by David Tisch, his brother Alan, Ara Katz, and Octavian Costache.
Investors for the app include Groupe Arnault, Google Ventures, and Thrive Capital, reports Businessinsider.com.
Spring, which has received more than USD 30 million total, now works with 750 brands. It puts their entire catalogs in one buying-friendly app.
editor@romania-insider.com