Fenwick & West LLP represented Bonobos Inc., a leader in the retail industry for its innovative approach to launching vertically integrated e-commerce brands, in its recently announced $55 million financing. The new round was led by Coppel Capital. Other participants include Accel Partners, Lightspeed Venture Partners, Nordstrom, Mousse Partners, Glynn Capital Management, Forerunner Ventures and Felicis Ventures.
This round will fund 30 additional bricks-and-mortar “guideshops,” which are set to open by the end of 2016. More information about Bonobos’ $55M financing can be obtained from the company announcement.