Red Mango Scores Funding

Red Mango USA, a Los Angeles-based retail chain of Korean-style, frozen yogurt stores, has raised a round of venture capital from Stone Canyon Venture Partners. Amount of the investment has not been disclosed. Red Mango is expanding the South Korean Red Mango chain of natural frozen yogurt into the United States, and recently opened stores in Los Angeles and Las Vegas. Stone Canyon Venture Partners is an $80M, Beverly Hills-based venture firm. More information »