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Pinkberry

Growing chain of frozen yogurt stores.

Headquarters:
2122 West Washington Blvd.
Los Angeles, CA 90018
Employees: 500+
CEO: Shelly Hwang
Privately held

Website: http://www.pinkberry.com

Pinkberry operates a chain of frozen yogurt stores located in Los Angeles and New York. Yogurt is offered in three flavors: plain, coffee and green tea. However, customers can add a variety of toppings including kiwi, pineapple, almonds, mango, strawberry, granola, fruity pebbles, raspberry, banana, coconut and chestnut.

Other items sold at Pinkberry incldue Shaved Ice and Smoothies.

There are about 40 stores currently and the chain is very popular with a younger crowd. Lines typically form out the store at night and especially weekends.

The chain first launched in 2005 and was founded by Shelly Hwang and Young Lee.

In October 2007, venture capital firm Maveron invested $27.5 million in the company. Maveron is led by Howard Schultz, Chairman and CEO of Starbucks.

Updated January 29, 2008