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The Black Tux Raises $10 Million For Its Deluxe Suit Rental Business

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It’s true. Everybody’s crazy about a sharp-dressed man.

A little less than a year after raising $2.6 million in a seed round, the entrepreneurs behind the men’s formalwear rental business, The Black Tux have raised an additional $10 million from a group of its previous investors led by First Round Capital. As a result First Round’s Josh Kopelman is taking a seat on the company’s board joining co-founders Andrew Blackmon and Patrick Coyne.

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