Mission Athletecare Receives $35,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=895fa7d1-a246-4907-91df-e68afc5b3166
Date
2/24/2015
Company Name
Mission Athletecare
Mailing Address
60 East 42nd Street New York, NY 10165 USA
Company Description
MISSION was founded in 2009 by an elite group of athletes looking to create an innovation-led brand focused on solving problems for athletes.
Website
http://www.missionathletecare.com
Transaction Type
Venture Equity
Transaction Amount
$35,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company intends to use the funds for organic and M&A expansion in its core cooling and heating categories. As part of the new investment, Hap Klopp, the Founder and former CEO of The North Face joined Mission’s Board.
M&A Terms
Venture Investor
Venture Investor