Ernesta secures $20M to fuel store expansion

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: DTC custom rug brand Ernesta has raised $20 million in Series B financing to aid in its growth plans, according to a news release. Ernesta secured the funding through venture capital firm Addition, along with existing investors True Ventures and Platform Capital Management. The funds will be used to expand the number of company showrooms in the U.S. ...