Dollar Shave Club Raises $75M

Venice, California-based Dollar Shave Club, the subscription-based razor business led by Michael Dubin, has raised $75M in a new funding round, bringing the company's total raised to $150M. The new funding reportedly values the company at $500M. The funding came from Venrock, Technology Crossover Ventures, Forerunner Ventures, and Dragoneer, among others.