The New York City-based startup has now raised nearly $ 90 million in venture funding.
Glossier, the digital-native beauty brand whose products have become a hit among teen girls as well as women in their 20s and 30s, has raised a new $ 52 million round of financing from its existing investors.
IVP and Index Ventures led the round, which brings the startup’s total funding to $ 86 million.
Glossier grew out of Into the Gloss, a beauty blog that founder and CEO Emily Weiss created in 2010. Since then, the company has built out a line of affordable makeup and skincare products that have helped it create a fanatical following. The company sells its wares almost exclusively through its own website and its New York City showroom.
Weiss told Recode that the new funds would be earmarked “to invest in technology, grow the team, and build the infrastructure to be a massive standalone company.”
Here’s a conversation that Recode Editor in Chief Dan Frommer moderated with Weiss and one of the Sweetgreen founders at Code Commerce in September:
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Google has revealed that the first smartphones running Android Oreo (Go edition) will become official at MWC next week. The company hasn’t named any of the upcoming products, but mentions that some of them will sell for less than $ 50, which is rather amazing if it pans out (and there are no caveats). Android Oreo (Go edition) is the version of the OS that’s specially optimized for low-end hardware. It’s a streamlined iteration of Android, which ships with optimized default apps and an optimized variant of the Play Store that highlights lightweight apps. Google tells us to expect 15% faster…
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The Nokia 7 Plus is no stranger to the rumor mill – we’ve seen renders in black and white, even a stealthy live photo. It’s back for more, this time around both color options stand side by side. Nokia 7 Plus in Black and White (leaked images) The Nokia 7 Plus is likely to be unveiled at the MWC in a few days (along with a couple of other handsets). It will be HMD’s first 18:9 phone and will use Snapdragon 660 chipset, so it won’t quite challenge the Nokia 8 for dominance. Interestingly, it might use Android One, making it even closer to AOSP than HMD’s already pretty stock…
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