BELLEVUE, WA, Fabric, a headless commerce platform purpose-built for growth, today announced a $43 million Series A funding round.
The round was led by Norwest Venture Partners, with additional participation from Redpoint Ventures and Sierra Ventures. The investment, just months after announcing the company's $9.5 million in seed funding, will be used to accelerate product development of its headless commerce platform, expand the Fabric team and meet the growing demand for its commerce technology. Scott Beechuk, partner at Norwest Venture Partners, will join the board of directors.
Fabric is the headless commerce platform purpose-built for growth. Customers like BuildDirect, Juicy Couture, abc carpet & home and Universal Lacrosse trust Fabric for its open and modular design that allows them to be live within weeks without having to replatform. Fabric is a force multiplier on retailers' existing technology investments proven to grow digital revenue by up to 3x.
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