The fundraising also included an investment from Iris Capital, which led a previous round in October 2010, as well as existing angel investors from Europe, the US and Asia.
This latest investment allows MedicAnimal.com to hire new talent, strengthen its position in the British online pet retailing space and further expand into continental European markets, it said.
MedicAnimal.com was set up in 2007 and sells pet food, supplements, medicines and accessories with a particular focus on veterinary diets, prescription and non-prescription medicines.
The business is registered both as a veterinary dispensary as well as a pharmacy in the UK and offers clients free advice from its in-house team of veterinarians and pharmacists via live chat, email or phone.
The site also publishes news and advice related to general animal care and health issues. The company’s revenue growth rates have exceeded 150 per cent per year since inception.
“We’ve been hugely impressed by the MedicAnimal.com team and the superb service they provide to people that want the very best for their pets and animal,” Balderton Capital partner Mark Evans, who will join the company’s board of directors, said in a statement.
“We see masses of potential in this sector and we’re thrilled to be on board.”
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