Good Life is a glass company that makes glass toys for kids.
The company has raised $3.8 billion from investors including Kleiner Perkins Caufield & Byers, and its latest round is being led by Kleiner cofounder Adam Lashinsky, who left the company to join Kleiner in May 2017.
The funding brings the total number of investors to 19.
It will be a busy year for Kleiner and Good Life, as the two companies have been at odds for years over the issue of whether the glass should be used for toys and other products.
In December 2016, Good Life filed for bankruptcy, citing a shortfall in its revenue.
Good Life argued that it needed to pay $2 billion in taxes, claiming it had not properly accounted for the tax losses it had incurred as a result of the filing.
It then filed for Chapter 11 bankruptcy protection.
In February 2017, Good Home sued Kleiner for $50 million in damages, alleging the company had breached its fiduciary duty to Good Life.
In June 2017, the court rejected Kleiner’s appeal, finding that Good Life’s filing was not an adequate basis for a preliminary injunction.
In August, the two sides reached a settlement with Good Home, with Kleiner agreeing to pay up to $35 million to Good Home’s creditors and to pay a $10 million penalty for violating the terms of the settlement.
The deal also stipulated that Good Home would pay Kleiner up to the full amount of the tax settlement, as well as any other civil or criminal penalties and attorney fees.
Good Home has also agreed to pay Good Life $30 million to fund the purchase of a new office building, which is scheduled to open in 2020.
Goodlife will continue to have a contract with Kleinergate and will not be allowed to sell Glass toys or other goods.
Good Life also filed for a $25 million preliminary injunction in March 2017 against Kleiner over its refusal to license the company’s business to Goodlife.
In April 2017, Kleiner agreed to license Good Life to the company.