MMC Ventures Pours $2.3M into AlexandAlexa

MMC Ventures has invested 1.5 million pounds ($2.3 million) in AlexandAlexa, a UK-based online retailer of upscale children's clothing. MMC Ventures will take a “significant minority stake” in the business, the firm said. AlexandAlexa was formed in 2007, and is based in London. MMC’s Rory Stirling joins the company’s board as a result of the financing.

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