Dollar Shave Club Closes $50M in Series C Funding

According to multiple reports, Dollar Shave Club, a Venice, Calif.-based razor brand, closed $50m in Series C funding.
Led by Technology Crossover Ventures with participation from Forerunner Ventures and Venrock.

The company will use the funds to hire new people (read here) and expand operations.

Led by CEO Michael Dubin, Dollar Shave Club sends razors, shave and post shave supplies and hygienic wipes to members monthly.



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