Jessica Alba’s The Honest Co. Raises $70M, Preps for IPO
In preparation for an IPO, Jessica Alba’s The Honest Co., a maker of eco-friendly baby products, has raised $70 million at a valuation just shy of $1 billion and is beginning partnership talks to expand to China, Dow Jones VentureWire has learned.
“We believe being a public company is the best path for us going forward and it’s good to get that validation early on,” Honest Chief Executive and Co-founder Brian Lee said, noting that public-markets investor Wellington Management Company led the Series C round. “I can’t say when that will be, but we are definitely starting to think and act like a public company.”
Jeremy Liew, a partner with early investor Lightspeed Venture Partners, said Ms. Alba, the actress-turned-entrepreneur who co-founded the company in 2011, has leveraged her star power for the benefit of the startup.
“She is an international star. We’re starting to see a lot of demand from her fans around the world,” he said. “This idea for non-toxic, chemical free products has resonated around the world in developed and developing countries.”
‘Sin City: A Dame to Kill For’ to Close Deauville Film Festival
After announcing a star-packed slate earlier this week, Deauville will close with Sin City: A Dame to Kill For when the nine-day festival rolls up its red carpet on Sept. 14.
The Robert Rodriguez- and Frank Miller-directed thriller, starring Joseph Gordon-Levitt and French actress Eva Green as a classic femme fatale, will screen out of competition after prizes are handed out on Sept. 14.
The festival, which focuses on American cinema, opens with Woody Allen’s Magic in the Moonlight onSept. 5, five days ahead of its Paris premiere.
Will Ferrell, Jessica Chastain and Ray Liotta will make the trip to the seaside resort town in Northern France as each will be the subject of a career tribute during the festival that highlights American film each year. Producer Brian Grazer will also be honored as well as host a roundtable discussion, and director James Cameron is the recipient of the specially created 40th Anniversary Award by the festival in honor of his contribution to film, though he has not yet confirmed his attendance.
Reese Witherspoon’s The Good Lie, Shailene Woodley’s White Bird in a Blizzard and Philip Seymour Hoffman’s last completed film, A Most Wanted Man, will compete for the top prize, while the Nicole Kidman- and Colin Firth-thriller Before I Go to Sleep will premiere out of competition.
The Kristen Stewart-starrer Camp X-Ray and Jon Favreau’s Chef, which is re-opening in U.S. theaters next weekend in a big Oscar campaign push, are also part of the official selection.
Sin City: A Dame To Kill For – Red Band Trailer
New Sin City: A Dame to Kill For TV Spot featuring Jessica
Jessica on covers of ‘Marie Claire UK’ & ‘Maxim’
Jessica on cover of “Maxim” Magazine
Sin City: A Dame to Kill For – Comic-Con Extended Red Band Trailer
Jessica on cover of British GQ
Here’s the cover.