Chrono24 raised €100M in Series C investment backed by General Atlantic and Aglaé Ventures.

Chrono24, a Karlsruhe, Germany-based operator of a marketplace for luxury watches, announced raising €100M ($117M) in Series C investment.

The money was raised from investors led by General Atlantic, a leading global growth equity firm, with participation from Aglaé Ventures, the technology arm of the Arnault family’s investment company. Existing investors Insight Partners and Sprints Capital also participated in the round.

Chrono24, founded in 2003 by Andrej Maric and Axess New Media GmbH and led by Dirk Schwartz and Tim Stracke, built a digital marketplace for the luxury watch industry and is one of the first companies of scale to connect watch dealers and collectors around the globe. The company says it has an average of 500,000 unique visitors per day. With more than 3,000 retail dealers and 30,000 private sellers across more than 100 countries worldwide, Chrono24 lists approximately half a million luxury watches for sale at any given time.

This newest minority growth funding brings Chrono24’s cumulative funds raised to over €200M to date ($236M)