Summersalt raises Series B funding

Summersalt, the St. Louis based direct-to-consumer travelwear brand, has raised 17.3 million dollars in a Series B funding round, led by Mercato Partners, with plans to expand into additional apparel categories following the brand's overwhelming success in the swimwear category and recent travelwear launch. Additional participants in the round include Founders Fund, Lewis and Clark Ventures, Revolution's Rise of the Rest Seed Fund, Dundee Venture Capital, and Victress Capital. This round brings Summersalt's total funding to 26 million dollars.