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Norwest Venture acquires minority stake in performance apparel brand Vuori

Norwest Venture Partners took a minority stake in Encinitas, Calif.-based performance apparel brand Vuori Inc.

Norwest Managing Partner Jon Kossow will join the company's board as part of the investment.

The growth equity and venture investment firm focuses on early- to late-stage companies in the consumer, enterprise and healthcare markets, among other sectors.