ReCharge snags $277m

ReCharge, a provider of subscription e-commerce solutions, has raised $277 million in funding. The investors included Summit Partners, ICONIQ Growth, and Bain Capital Ventures. In addition to the funding, Andrew Collins, managing director at Summit Partners has been added to ReCharge’s board of directors while Aaref Hilaly, a partner at Bain Capital Ventures, and Yoonkee Sull, a partner at ICONIQ Growth, will join the company as board observers.

Source: Press Release