JustFab Garners $85,000,000 Series D Funding Round
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- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8979cdaa-837e-4854-9e8e-809cfbf25f52 - Date
8/29/2014 - Company Name
JustFab - Mailing Address
2301 Rosecrans Ave. Manhattan Beach, CA 90245 USA - Company Description
At JustFab, we believe that every woman deserves to wear the same fashion-forward designs as the rich and famous regardless of her social status. Not to mention the fact that establishing an on-trend wardrobe filled with today’s latest styles should not render you penniless. - Website
http://www.justfab.com - Transaction Type
Venture Equity - Transaction Amount
$85,000,000 - Transaction Round
Series D - Proceeds Purposes
And by strengthening our balance sheet, we’re able to do things like secure better terms with our suppliers, invest in additional inventory to help support our growth, accelerate the timeline for taking Fabletics international – which we did in July – and invest in opening a West Coast distribution center to better serve our customers on this side of the country. - M&A Terms
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