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Fab Seals The Deal On $105 Million In New Funding

Design-oriented flash sales site Fab.com has raised $105 million in new funding, the company confirmed today to the Wall Street Journal. You can’t say we didn’t warn you: TechCrunch editor extraordinaire Alexia Tsotsis reported just over a month ago that Fab was raising some $100 million in new funds at a $700 million pre-money valuation. Looks like Fab got just about what it was looking for — the WSJ says this new round, led by Atomico ventures, valued Fab at some $600 million. This news is breaking right now, so...

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Published By: Tech Crunch - Wednesday, 18 July, 2012