First Round Capital, the 12-year-old, early-stage venture firm, has brought aboard Birchbox cofounder and former co-CEO Hayley Barna as a venture partner.
Barna, who is expected to spend a couple of years at the firm while she decides her next moves, will be based in New York and focus largely on e-commerce opportunities.
Recode had the news earlier today; First Round partner Phin Barnes has also posted news of Barna’s appointment to Medium.
First Round had led the seed round for Birchbox, a subscription cosmetics company, in 2010. The company has gone on to raise roughly $72 million altogether, according to CrunchBase. Its backers include Accel Partners and Viking Global Investors.
Barna had stepped down from her role of co-CEO some time last year, with the company quietly announcing the decision back last August. Her cofounder and co-CEO, Katia Beauchamp, is now CEO.
As Recode notes, Barna is the first female investor that First Round has brought into the fold.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/YvnyFK0dHvU/