Mobly Raises $10M in Funding

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Summary

Mobly, a Brazil-based home furnishings web store, raised $10m in funding.According to a written statement, the total round could top $20m in a year.The company intends to use the funds to expand throughout Latin America.Led by co-presidents Victor Noda, Marcelo Marques and Mario Fernandes.Today, it has a catalogue exceeding 45,000 products and closed its first fiscal year with a total revenue of $180m in sales.

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