General Catalyst
Warby Parker raises $37 million
September 9, 2012: 9:52 PM ET
Eyeglass maker can now see its future a bit clearer.
FORTUNE -- Trendy eyeglass maker Warby Parker has raised $36.8 million in new venture capital funding, according to a regulatory filing that indicates the total round could top out at $40 million.
It's a large score by most any VC standard, and massive for a maker of consumer goods (even if it is one that sells via online channels).
General Catalyst Partners appears to have led the round, with partner Joel Cutler joining the Warby Parker board of directors. The company's other outside directors are Lee Fixel of Tiger Global Management and Warby Parker co-founder Andrew Hunt (now a VC with Highland Capital Management).
Warby Parker previously raised over $13 million from Tiger Global Management, First Round Capital, Lerer Ventures, SV Angel, Menlo Ventures and Thrive Capital.
A company spokesman has not yet responded to a request for comment.
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Venture firm General Catalyst loses co-founder
John Simon out at General Catalyst
FORTUNE -- John Simon is leaving General Catalyst Partners, a Cambridge, Mass.-based venture capital firm he co-founded back in 2000.
His investments have included Bullhorn (acquired by Vista Equity Partners), BzzAgent (acquired by Tesco), Maven Networks (acquired by Yahoo) and Taleo (taken public, later acquired by Oracle).
Simon confirmed his departure to Fortune, emailing over the following statement:
"Not saying much beyond things have gone great and are going great at GC MORE
Dan Primack - Jul 20, 2012 4:31 PM ET
