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The money will help the company expand and "to continue its rapid growth and expansion into strategic, direct-to-consumer initiatives,” said Mercato to Orange County Business Journal.
Thursday, 5 May 2016
Stance raises $30M
The local San Clemente based sock company Stance Inc. received $30 million this week in series D funding by Mercato partners in Salt Lake City with participation from August Capital, Kleiner Perkins Caufield Byers, Menlo Ventures, Shasta Ventures, and Sherpa Capital. This brings the company’s total amount of investment to $86 million to date.
The money will help the company expand and "to continue its rapid growth and expansion into strategic, direct-to-consumer initiatives,” said Mercato to Orange County Business Journal.
The money will help the company expand and "to continue its rapid growth and expansion into strategic, direct-to-consumer initiatives,” said Mercato to Orange County Business Journal.
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