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Colorescience Clears Venture Capital Debt

Monday, February 22, 2016 5:18:00 AM PDT | VentureDeal



Carlsbad, California  --  Consumer skin cosmetics company Colorescience has landed $6.5 million in venture capital debt funding.

Colorescience has created what it calls "high-performance mineral-based cosmetics...to help achieve a clear, even complexion and protect skin from the damaging effects of the sun and environment."

Bridge Bank made the loan and Rob Lake led the transaction.

The company said that the funding would support continued growth in its physician channel, retail channels and to expand its geographic reach into new markets.

Colorescience is headed by CEO Mary Fisher, who has been with the firm since April 2013.

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