Gemvara, a Boston-based custom jewelry site we've written about
in the past, just announced that it has closed a $25 million Series D funding round. This oversubscribed round was led by
Norwest Venture Partners and also includes funds from all existing investors, including
Highland Capital Partners, Canaan Partners and Balderton Capital. The company says that it plans to use this new influx of cash to "enhance all aspects of the customer shopping experience and continue to drive innovation that will bring the jewelry industry to the cutting edge of commerce." Gemvara previously raised a
total of $20.2 million, including a large $15 million Series C round led by Balderton Capital.
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