Intelligent Beauty Inc. Garners $43,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=92ddc1c9-fc3f-454c-a30a-0f23d45716ea&Preview=1 -
Date
8/6/2008 -
Company Name
Intelligent Beauty Inc. -
Mailing Address
2301 Rosecrans Avenue Manhattan Beach, CA 90245 -
Company Description
The beauty industry is rapidly changing and evolving. Consumers are better educated and more concerned about the products they use. As the line between science and beauty continues to fade, consumers insist upon the “latest and greatest” products that provide exceptional performance. Immediate awareness of breaking advances in ingredient technologies means companies must be able to get products to market fast — before their competitors — to take advantage of shifting demand. -
Website
http://www.ibinc.com -
Transaction Type
Venture Equity -
Transaction Amount
$43,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Intelligent Beauty will use the capital to assist with continued rapid growth. -
M&A Terms
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Venture Investor
Technology Crossover Ventures
