Fab Raises $150 Mln in New Funding
Fab has closed $150 million in new funding, according to a blog post from co-founder and co-CEO Jason Goldberg. Tencent is an investor. The funding is part of a larger Series D round that Goldberg expects will be completed over the next few months. Fab has raised more than $310 million since its inception, he says. Press reports say Fab's valuation, excluding the new funding, was $1 billion.
19 June 2013•1 min read
