The WME-backed beauty product brand raised the funding in a Sequoia Capital-led round, at a $1.2bn valuation.

Glossier, the US-based cosmetics brand that counts talent agency William Morris Endeavor  (WME) as an investor, secured $100m yesterday in a series D round led by venture capital firm Sequoia Capital.

Hedge fund manager Tiger Global Management and VC firms Spark Capital, Forerunner Ventures, Thrive Capital, Institutional Venture Partners (IVP) and Index Ventures also took part in the round, which valued the company at $1.2bn, a person familiar with the matter told the Wall Street Journal.

Glossier sells make-up, fragrances,…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.