Los Angeles – August 26, 2014 – Cooley LLP announced today that it advised The Honest Company, Inc. on its $70 million Series C financing round. The Honest Company, founded by Jessica Alba, Christopher Gavigan, Brian Lee and Sean Kane, is a premium family brand that provides a broad portfolio of natural, non-toxic products.
Wellington Management Company LLP led the round and was joined by other leading public market institutional investors. Existing investors Lightspeed Venture Partners, Institutional Venture Partners, General Catalyst Partners and ICONIQ Capital also participated. The new round of financing adds to the $52 million raised since the company's launch in 2012, and will enable the company to accelerate growth.
The team advising The Honest Company was led by partner C. Thomas Hopkins and included associates Nick Hobson, Gary Marshall and Danielle Warner.
About Cooley LLP
Cooley's attorneys solve legal issues for entrepreneurs, investors, financial institutions and established companies. Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and bet-the-company litigation, often where innovation meets the law.
Cooley has more than 750 lawyers across 11 offices in the United States and China.