Monday, September 10, 2012
Warby Parker Getting Richer and Bigger
"Warby Parker last year in an attempt to breathe new life into the eyewear industry. The New York City-based startup has since rocketed to popularity by selling designer and prescription glasses online, for $95 — a price that now includes free shipping and returns. Warby raised $13.5 million in a couple of rounds beginning last year, with a bunch of notable investors signing on to back the young company, notes Tech Crunch. "According to a Form D filing released by the SEC, the startup looks to be adding a whole bunch of new coin to its coffers — $36.8 million to be precise. As the filing shows, the startup has sold $36.8 million to bacof a potential $40 million round, with $3.19 million remaining." Read more.
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