With a little help from Cooley, Dollar Shave Club has cleaned up with a $12 million investment round. Wilson Sonsini Goodrich & Rosati advised investors.
The Series B round brings the company’s total venture financing to just under $23 million. The quirky L.A. e-commerce startup supplies razor blades, shaving cream and wipes on the cheap. It will use the new capital to expand its grooming portfolio as part of its effort to “own the bathroom,” as CEO Michael Dubin told Fast Company.
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