Wednesday, August 6, 2008

Intelligent Beauty Takes $43M

El Segundo-based Intelligent Beauty, which is developing Internet marketing and e-commerce services focused on the beauty industry, has raised $43M in a venture round, the firm announced Wednesday. The funding came from Technology Crossover Ventures. According to the firm, the funding will go to assist with the company's rapid growth. Intelligent Beauty now has 185 employees, up significantly from September of last year when it said it had 55 employed at the firm. John Drew of TCV joins the company's board as part of the new funding round. More information »

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