WME-backed Glossier has added $24m to its coffers, two years after securing $8.4m in series A capital.

Glossier, a US-based cosmetics brand backed by talent agency William Morris Endeavor (WME), has raised $24m in a series B round led by IVP with participation from Index Ventures.

Glossier produces skincare and make-up products as well as merchandise. The company emerged out of lifestyle blog Into the Gloss in 2014.

The latest funding round will go towards technology investment, the launch of new products and the opening of permanent retail locations. The company will also expand internationally.

WME contributed…

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