It’s unclear how much the mega retailer invested but the Series “C1” round included Accel Partners and Lightspeed Venture Partners. Both of the VCs have previously invested in Bonobos.
New York-based Bonobos is known for its khaki pants for men that provide a “better fit” around the butt, I’m told. But Bonobos (which apparently refers to the peaceful chimpanzees found in the Congo) also sells men suites, shirts and sweaters but only online. Bonobos has raised roughly $40 million in funding, a spokeswoman says.
In December 2010, Bonobos secured $18.5 million Series C financing led by Lightspeed Venture Partners and Accel Partners. Jeremy Liew of Lightspeed and Sameer Gandhi of Accel both joined Bonobos’ board.
Nordstrom will initially carry Bonobos chinos online and in 20 stores, says spokesman Colin Johnson. Nordstrom will also offer an expanded assortment of Bonobos pants online and in a few Nordstrom stores, he says. “They definitely have a well-earned reputation for great fitting pants and have a terrific modern sense of style,” Johnson says. “We think they’ll bring great energy to our overall men’s offering.”