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	<title>StartupNorth &#187; indochino.com takes new round of financing from Burda Digital</title>
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		<title>indochino.com takes new round of financing from Burda Digital</title>
		<link>http://startupnorth.ca/2008/04/23/indochinocom-takes-new-round-of-financing/#__lsa=3aee4cf1</link>
		<comments>http://startupnorth.ca/2008/04/23/indochinocom-takes-new-round-of-financing/#comments#__lsa=3aee4cf1</comments>
		<pubDate>Wed, 23 Apr 2008 12:00:28 +0000</pubDate>
		<dc:creator>Jevon MacDonald</dc:creator>
				<category><![CDATA[British Columbia]]></category>
		<category><![CDATA[Startups]]></category>
		<category><![CDATA[Venture Capital]]></category>

		<guid isPermaLink="false">http://www.startupnorth.ca/?p=498</guid>
		<description><![CDATA[Shanghai (by way of Victoria) based startup, Indochino.com, who we first profiled in September, and who I finally got around to ordering from a few weeks ago, has announced that they have taken a new round of financing from Burda Digital Ventures, a German Venture Capital group who have been very active in Western Canada, [...]<img src='http://analytics.lymbix.com/lsa_tracking/impression?campaign_id=&amp;user_id=ea55618f-2256-7996-88ca-65dbe36c8557&amp;referring_url=&amp;current_url=http%3A%2F%2Fstartupnorth.ca%2F2008%2F04%2F23%2Findochinocom-takes-new-round-of-financing%2F%23__lsa%3D3aee4cf1&amp;user_agent=rss-feed&amp;impression_time=Mon%2C+21+May+12+10%3A28%3A12+%2B0000&amp;generated_id=3aee4cf1&amp;referer_id=' size='1x1'/>]]></description>
			<content:encoded><![CDATA[<!-- Start Shareaholic LikeButtonSetTop Automatic --><div style="clear: both; min-height: 1px; height: 3px; width: 100%;"></div><div class='shareaholic-like-buttonset' style='float:none;height:30px;'><a class='shareaholic-fblike' data-shr_layout='button_count' data-shr_showfaces='false' data-shr_href='http%3A%2F%2Fstartupnorth.ca%2F2008%2F04%2F23%2Findochinocom-takes-new-round-of-financing%2F' data-shr_title='indochino.com+takes+new+round+of+financing+from+Burda+Digital'></a><a class='shareaholic-googleplusone' data-shr_size='medium' data-shr_count='true' data-shr_href='http%3A%2F%2Fstartupnorth.ca%2F2008%2F04%2F23%2Findochinocom-takes-new-round-of-financing%2F' data-shr_title='indochino.com+takes+new+round+of+financing+from+Burda+Digital'></a><a class='shareaholic-tweetbutton' data-shr_count='horizontal' data-shr_href='http%3A%2F%2Fstartupnorth.ca%2F2008%2F04%2F23%2Findochinocom-takes-new-round-of-financing%2F' data-shr_title='indochino.com+takes+new+round+of+financing+from+Burda+Digital'></a></div><div style="clear: both; min-height: 1px; height: 3px; width: 100%;"></div><!-- End Shareaholic LikeButtonSetTop Automatic --><p><img src="http://www.indochino.com/includes/templates/indochino/images/logo.gif" style="border: 0px;" align="right">Shanghai (by way of Victoria) based startup, <a href="http://www.indochino.com">Indochino.com</a>, <a href="http://www.startupnorth.ca/2007/09/16/indochinocom-look-good-and-spend-a-little-less/">who we first profiled in September</a>, and who I finally got around to ordering from a few weeks ago, has announced that they have taken a new round of financing from <a href="http://ventures.burdadigital.de/">Burda Digital Ventures</a>, a German Venture Capital group who have been very active in Western Canada, getting a lot of deals that Canadian VCs are missing including <a href="http://www.teampages.com">TeamPages</a>, <a href="http://www.suite101.com">Suite101.com</a> and <a href="http://www.nexopia.com">Nexopia</a></p>
<p>Indochino.com is a unique online retailer that specializes in custom-tailored suits, shirts and other apparel based on measurements done by the customer. <a href="http://indochino.com/shopping_detail.php?pid=67">I ordered a jacket </a> and shirt from them a few weeks ago and I think I got a taste of both ends of the spectrum of ordering online.</p>
<p>The shirt came and right out of the package it was hands down the nicest shirt I have ever bought. The fit was perfect and it looked and felt great. The jacket looked great as well, but a few of the measurements are off. So I printed off their claim form and will take the jacket to a tailor tomorrow. For the price however, the jacket is great.</p>
<p>This round of financing is focused on building the operations back-end as well as scaling up to meet growing demand.</p>
<p>This is a long way from where they were when I first profiled them just 8 months ago and things are looking up. I am looking forward to seeing what they do in the next 8 months with new financing and some more experience behind them.</p>
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