Bonobos, a New York-based online men’s clothing retailer, has secured $18.5m in Series C financing round.
The company intends to use the capital to expand its global customer base.
The round was led by Lightspeed Venture Partners and Accel Partners, with participation from angel investors.
In conjunction with the funding, Jeremy Liew of Lightspeed and Sameer Gandhi of Accel will join Bonobos’ board.
Founded in 2007 by CEO Andy Dunn, the company has grown exponentially in their New York City headquarters and expanded their product portfolio to a full men’s closet solution including suits, button-down shirts, a full line of casual wear and a host of curated brands.