SOURCE: Cooley LLP

Cooley LLP

August 26, 2014 18:19 ET

UPDATE - Cooley Advises The Honest Company on $70 Million Financing

LOS ANGELES, CA--(Marketwired - Aug 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.

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