Warby Parker raised $60 million in a Series C round of funding, according to
Fortune. It was led by Tiger Global Management, a previous investor, and brings the company's total funding to well over $100 million since it was founded in 2010.
Warby Parker's top execs said Tiger Global had recently offered to lead a new round of financing quickly to allow the startup to focus more on its business rather than fundraising. "We wanted to bulletproof our balance sheet," Dave Gilboa, cofounder and co-CEO of Warby Parker, told Fortune.
Warby Parker initially launched as an ecommerce service for eyewear and has since expanded into brick-and-mortar stores.