Cohere Capital announced that it has made a strategic growth investment in Portland, OR-based CCS, the online retailer of streetwear and skateboard equipment. The investment will allow CCS to continue to invest in technology-enabled products and service offerings and accelerate its brand growth.
Founded in 1985, CCS’s roots are as a mail-order catalog that grew into a website. CCS sells its own branded hard and soft goods in addition to being an e-commerce site for other skate and streetwear brands.
Daron Horwitz, CEO of CCS, said, “CCS is at an exciting inflection point as we continue to expand our product offerings and partnerships with leading third-party brands to meet the demand of the growing skateboard and streetwear markets. We are excited to partner with Cohere for our next stage of growth and plan to strengthen our technology and overall offerings to our partners and customers. We are focused on creating products and curating offerings that meet the needs of our loyal customer base.”
Nik Shah, Cohere managing partner and co-founder added, “CCS is not only an iconic brand in the market but also a strong retailer in an emerging e-commerce market segment. We are thrilled to partner with Daron and the CCS team as we believe they have only scratched the surface of the expansion opportunities. The company’s growth has been impressive, and we look forward to being a part of CCS future momentum.”
Cohere has previously been involved with driving the growth of other digital marketing and e-commerce companies.
Photo courtesy CCS