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Warby Parker Raises Another $60 Million to Fulfill Its Vision

Warby Parker has raised another $60 million in a Series C round of funding, the company confirmed to Mashable on Friday.
The latest funding round, which was first reported by Fortune, was led by Tiger Global Management, a previous investor, and brings the company's total funding to well over $100 million since it was founded in 2010.
See also: Warby Parker Trailblazed a New Type of Commerce — What's Next?
In an interview with Fortune, Warby Parker's top execs said Tiger Global had recently offered to lead a new round of financing quickly to allow the startup to focus more on its business rather than fundraising. "We wanted to bulletproof our balance sheet," Dave Gilboa, cofounder and co-CEO of Warby Parker, told Fortune.
Warby Parker initially launched as an ecommerce service for eyewear and has since expanded into bricks-and-mortar stores. Earlier this year, the startup launched an offshoot brand called Harry's, which sells men's grooming products. In October, the company took that idea a step further and opened up Harry's barbershops.
The company has not disclosed sales figures to date, though it did reveal in mid-2013 that it had donated 500,000 eyeglasses as part of an ongoing effort to give away one pair for every pair that consumers buy.
Image: Warby Parker

সোর্স: http://mashable.com/

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