Montreal’s Frank & Oak Raises $15 Million Series B Round

Montreal-based Frank & Oak announced today that they have raised a $15 million Series B round.

Goodwater Capital led the round with participation from other investors that included Greenoaks Capital, Investment Quebec, Rho Canada Ventures, Real Ventures, Version One Ventures, Lightbank and Bertelsmann Digital Media Investments.

In addition to the funding, the company has named Howard Starr, former president and CEO of Tommy Hilfiger International, to its board of advisors.

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With the newly-raised funds, Frank & Oak will be expanding its operations with a new office in New York City; the company is also revealing plans to further invest in new product categories and cross-channel technologies.