Sign In

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.


Spartoo secures €12 million in funding to accelerate European growth

PARIS-LONDON, France - January 14, 2010 - Clipperton Finance, a leading European corporate finance boutique focused on the High Tech and Media industries, today announced the closing of a €12 million Series B round of financing for Spartoo, the European leader in Internet footwear sales, to accelerate growth and reinforce its N°1 position in Europe.

This funding round has been led by Highland Capital Partners and Endeavour Vision, who have been joined by existing investors A Plus Finance and CM-CIC Capital Privé.

This transaction was led by Clipperton Finance, acting as Sole Manager.

Commenting on the transaction, Boris Saragaglia, co-founder and CEO of Spartoo, said: 'In a very short time we have gained the position of uncontested leader in the European market. We are delighted to partner with top-tier investment funds and build on’s solid foundation to realise the next stage of our company’s growth'. Boris added: 'To work with Clipperton Finance was instrumental in the success of this significantly oversubscribed financing round. They have proven extremely valuable throughout the entire process, showing strong commitment and reactivity. Their execution was excellent, reflected by the quality of new investors and with an optimal process tailored for Spartoo and its team'.

Thomas Neveux and Stéphane Valorge, Partners with Clipperton Finance and in charge of the transaction, commented the new round: 'Financing is key for Internet companies, especially at Spartoo’s stage of development. The company is experiencing significant growth opportunities a result of its genuine customer focus, this combined with the team’s analytical strength makes Spartoo highly capital efficient. We are delighted to have helped Spartoo build up a successful team of investors in such an exciting period of its development.'.

For more information, please contact:

Eglantine de Cossé Brissac
Tel: +33 1 45 44 82 65

Clipperton Finance
Thomas Neveux & Stéphane Valorge
E-mail: /
Tel: +33 1 77 35 18 10

About Clipperton Finance

Based in Paris and London, Clipperton Finance is a European corporate finance boutique dedicated to the High Tech and Media industries. Clipperton is focused on start-up and high-growth companies in the Internet, Software, Telecom, Components, CleanTech, MedTech and Media spaces, advising them in their financial transactions: fundraising/capital increases and Mergers & Acquisitions. Over the past years the company and its team have successfully structured numerous high level international transactions in the European High Tech sector. For more information, visit

Publisher Contact Information:

Clipperton Finance
+33 1 77 35 18 10

Company profile of Clipperton Finance
Past press releases of Clipperton Finance.


Tech investments
From our Online Data Service
VC-backed companies
From our Radar

Recent Deals

Nov 25€24.0MInternet commerce
Nov 8N/AOther Computers & Electronics
Nov 5€2.1MAudio/Video
Nov 5€5.2MOther Computers & Electronics
Nov 5€0.4MInternet services
Nov 5€1.3MSecurity
Nov 5€1.5MAudio/Video

For information on Europe's most extensive database on technology funding click here!


Press Releases

Sep 30
tetavi raises $6 million to help more companies bring 3d holograms ...

May 28
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
nethone raised over $1 million from innovation nest

Mar 31
the fit allocates chf 100'000 to comppair technologies

Jan 29
yumpingo raises $10m to transform guest experiences in restaurants

About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.