Neighborhood Goods, a U.S. modern department store, announced that it has secured $11 million in its Series A round of financing led by Berlin-based Global Founders Capital (GFC).

The Series A round also saw participation from previous backers, Forerunner Ventures, Serena Ventures, NextGen Venture Partners, Allen Exploration, Capital Factory, among others.

Neighborhood Goods intends to leverage the new funds to extend its footprint into new markets, grow its corporate team in Dallas and beyond, as well as integrate new technology.

The latest round brings total funding raised so far by Neighborhood Goods, which has also revealed its third location, set to open in early 2020 on South Congress Avenue in Austin, Texas, to $25.5 million.