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Venture Capital News: Warby Parker Raises $60M

2013-12-20
NEW YORK, NY, Warby Parker has raised $60 million in its latest round of venture capital funding, led by Tiger Global Management.
According to published reports, Warby Parker has raised $60 million in its latest round of venture capital funding, led by Tiger Global Management. Existing investors also participated, including General Catalyst Partners, Spark Capital, Thrive Capital, and First Round Capital.

Warby Parker is an American company selling prescription eyeglasses and sunglasses. Warby Parker sells online only, and has a limited number of showrooms in the United States. By avoiding the overhead of physical stores, the company is able to lower the cost of its glasses by a significant amount; generally, to $95.
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