Fenwick & West LLP represented Nasty Gal, Inc., a Los Angeles-based online fashion outlet, in its recently announced investment of $40 million in a Series B financing. The transaction was solely backed by Index Ventures, just five months after the VCs invested in the company’s first $9 million round.
The funding will help the company overall by improving its technology, manufacturing, creative production, operations (including a 500,000 square-foot fulfillment center in Louisville, KY and a 50,000 square-foot office space) and preparing to go global.
More information about the investment can be obtained from the Nasty Gal website.
The Fenwick transaction team was led by corporate partners Ted Wang, Scott Joachim and Michael Patrick; and corporate associate Christine Chen.