The amount of the deal was not disclosed.
The proceeds will provide working capital to finance accelerated investments in new growth opportunities.
Founded by four Stanford University graduates in 2011, Chubbies is a lifestyle e-commerce brand that offers a line of shorts, swimsuits and shirts built for the weekend. Originally selling short shorts for men, the company has since expanded its offerings to include swim trunks, Hawaiian shirts and half-zip sweatshirts – all produced domestically. In addition to clothing, the company focuses on the creation of original content via an active social community of approximately 2.2 million members called “chubsters”.
Chubbies raised a Series Seed round in April 2014 and recently announced a Series A round on February 2nd of this year.