Away, a direct-to-consumer travel products business founded by alumni of eyewear specialist Warby Parker, has raised financing to help it expand beyond its roots in selling luggage. The New York-based company, formally called JRSK Inc., said it has raised $100 million at a $1.4 billion valuation. The investment was led by Wellington Management Co., with participation from Baillie Gifford, Lone Pine Capital and Global Founders Capital.

Source: Wall Street Journal May 14, 2019 22:47 UTC