"We are extremely excited to partner with Weston Presidio. Bow earrings bring deep industry knowledge and a strong track record of success in working with entrepreneurs and high growth companies," said Chad Steigers, President and CEO of Xenon Arc. Sean Honey, Partner of Weston Presidio, added "We are thrilled to have an opportunity to back the outstanding team at Xenon Arc. Paloma's Zellige earrings have a proven record in building high growth businesses and their new venture has a very exciting market opportunity." Currently working out of incubator space in Bellevue, WA, the company is in the process of finalizing the lease for its initial headquarters facility located in the Downtown Bellevue Core district. Published by HT Syndication with permission from Tiffany Notes Earrings Tiffany & Co. announced today that it has closed on its initial round of financing totaling $15 million. The investment was made by Weston Presidio, a private equity firm that provides growth capital to companies with exceptional management teams across a wide range of industries. In conjunction with the transaction, Sean Honey, Tiffany Signature drop earrings will join the board of directors of Xenon Arc. Xenon Arc's founding executive leadership team - Chad Steigers, Adeline Honnas, Edward Lux, and Chris Jardine - brings deep domain expertise in the chemical manufacturing, distribution, technology and consulting industries, as well as a strong track record of entrepreneurial and startup success.
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