Moddo.com, which provides an online portal for the footwear, accessory, and component industry, said it raised $5.1m in its latest round of funding.

The round included investments from BBVA, 3i, Venturepark, and individual investors Adolfo Ibarra, vice president of marketing for SAP, and Jose Monserrate, president of Movierecord Cine and Grupo Diversus.

The company said it will use the funding to continue its international expansion in Europe, Latin America, and Asia. As a result of the investment BBVA, 3i, Venturepark, and Adolfo Ibarra, will take seats on the company's board of directors.

For more information, visit the website at www.moddo.com.