Memebox Announces Series C Extension of $60M

Customers browse at Memebox's San Francisco holiday pop-up shop.
This announcement caps off a record year of growth for the company, which recently welcomed Laura Mercier founder and former CEO Janet Gurwitch to its Advisory Board

SAN FRANCISCO, Dec. 15, 2016 /PRNewswire/ — Today, Memebox announced it had raised $60M in a Series C extension round. Led by new and existing investors including Goodwater Capital, Altos Ventures, Tekton Ventures, Cowboy Ventures, Mousse Partners, Formation Group, Funders Club, Pear Ventures, Cota Capital and Janet Gurwitch, the round is an extension of the $66M the company raised in its initial Series C. The round brings the company to $160M raised since it was founded in 2012.

The additional investment will allow Memebox to continue to invest in streamlining its mobile shopping experience, develop a database of beauty ingredients and products, and build out its global operations for efficiency as the company grows its global footprint.