Nordic Etail invests in Textilgallerian.

Textilgallerian, a Kalmar, Sweden-based ecommerce company, announced getting into an agreement with Nordic Etail for an investment deal.

The financial details remain undisclosed. The e-commerce consultants Eastlane Consulting AB - subsidiary of Nordic Etail - will support the IT development and the marketing of Textilgallerian will be run by Nordic Etails marketing team.

Textilgallerian, founded by its CEO Marcus Fredriksson, sells textile via its website, and is accounting for almost SEK 8M ($1M) in 2016.