has secured “significant” funding to allow it to grow globally as co-founder Sarah Curran leaves the business. chief executive David Worby said: “The company continues to enjoy tremendous support from both consumers and brands and I look forward to continuing our plans to connect with a global audience.”

Curran, who set up the business seven and a half years ago, will now help other brands in a consultancy role and is exploring TV and broadcasting work.

She stepped down as chief executive two years ago but stayed on to head up strategy.

The new round of investment for the etailer coincides with a change in direction for the business. The autumn 2013 collection will focus on emerging designers and will offer an extended footwear and luxury handbag range.

It is unclear the amount and form of the investment but the fashion retailer said the figure was “significant”.