Friday, September 19, 2014
Colorescience Gets $15M
Carslbad-based Colorescience, a developer of premium makeup, suncare, and skincare products, said this week that it has raised $15M in a funding round. The Series B funding was led by Longwood Fund, and also included the company's existing investors. The company said $7.5M of that round came from its existing investors, whic include Hale BioPharma Ventures, Split Rock Partners, Merritt Capital Corporation, HealthCare Ventures, Montreux, Domain Associates, and others. Colorescience said the stock offering came at $1.14 per share, a 20 percent increase from its last round. Rich Aldrich of Longwood Fund joins the company's board with the funding. More information »
Support Our Coverage Of SoCal's Tech Ecosystem!
Tap into Southern California's growing tech ecosystem, by signing up for a two week free trial membership. Find new tech customers, find high tech startups and jobs, find venture funding, help support our news coverage!Learn More