Relative eCommerce newcomer Fab.com announced that it raised $150 million as part of its Series D funding round on Tuesday. According to sources who spoke to TechCrunch, Fab’s valuation prior to the funding was $1 billion, a figure that was suggested but unconfirmed by earlier reports.
Fab’s total to-date funding now totals $310 million, but it expects to collect an additional $100 million over the next few months.
Read the full report here.
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