Living Proof, a technology-based beauty company headquartered in Cambridge, Massachusetts, has secured USD9m of financing to fuel growth, technology pipeline, and international expansio
Living Proof, a technology-based beauty company headquartered in Cambridge, Massachusetts, has secured USD9m of financing to fuel growth, technology pipeline, and international expansion.
Living Proof was founded by Polaris Venture Partners, a venture capital firm with a 25-year track record, and Dr. Robert Langer, a biomedical scientist. The company’s first product No Frizz, a line of silicone-free, frizz-eliminating hair products, officially launched in February 2009.
"We’re extraordinarily excited by the success we’ve had out of the gate," says Jon Flint, co-founder and chairman of Living Proof and co-founder of Polaris Venture Partners. "Living Proof’s brand message that it will only market truly innovative technologies which deliver beautiful, healthy results is clearly resonating with consumers and driving our tremendous growth."
"This financing will give us the capital to create and market category-busting new products like we’ve have with No Frizz," says Rob Robillard, chief executive of Living Proof. "It will allow us to replicate this early success in markets outside the United States."
