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The Honest Company Closes $70 Million Venture Capital

Wednesday, August 27, 2014 5:30:00 AM PDT | VentureDeal
   Los Angeles, California  --  Family e-commerce portal The Honest Company has secured $70 million in new venture capital and private equity financing.

The Honest Company aims to provide families with safe, convenient and affordable family essentials that are natural and non-toxic.

Funds affiliated with Wellington Management Company led the round, which included numerous other existing and new investors.

The company said it would use the funding to accelerate its growth.

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