Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f501234c-3a76-4efd-8074-3dc005afcd94
Date 9/22/2015
Company Name Rhone
Mailing Address 59 Grove Street New Canaan, CT 06840 USA
Company Description As a group of busy professionals and passionate athletes, our team became perplexed by the tremendous gap in activewear. Rhone was created to fill that void, speaking directly to how men live, work, and sweat. We wanted clothes that stand up to the test of everyday “transition” times.
Proceeds Purposes The company intends to use the funds to further product research and development, increase distribution, drive customer acquisition through strategic marketing opportunities, double the headcount, and expand into a 4,000 square foot retail storefront and office in Stamford, CT by early next year.