By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)
Birchbox announced today they raised $10.5M to continue product development and possibly branch into other verticals.

Birchbox was founded by Hayley Barna and Katia Beauchamp, Harvard Business School grads (pictured).

Accel partner Theresia Gouw Ranzetta says, “The team has forged partnerships with some of the world’s leading cosmetic brands to give consumers a fun, monthly beauty sampling experience. We believe Birchbox has many opportunities for continued growth, and we look forward to aiding their success.”