Dollar Shave Club Gets $12.0M More

Santa Monica-based Dollar Shave Club, the company that hit the scene with a viral launch video for its subscription razor e-commerce business, has $12.0M more in the bank, the company disclosed Tuesday. The firm's Series B funding round came from Venrock, Comcast Ventures, New World Ventures and Battery Ventures. Dollar Shave Club most recently expanded its line of products into the flushable wipe business, and apparently is planning further product expansion. The firm did not say if prior investors Andreessen Horowitz, Forerunner Ventures, Kleiner Perkins Caufield and Byers, or Shasta Ventures participated in the new funding. The company has now raised around $22.8M in funding. More information »