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Venture Capital News: Fabric Commerce Closes $140M in Series C

2022-02-28
SEATTLE, WA, Fabric Commerce has closed a Series C funding round of $140M led by Softbank Vision Fund 2.
Fabric Commerce has closed a Series C funding round of $140M led by Softbank Vision Fund 2, with participation from Forerunner Ventures, Glynn Capital and existing investors Redpoint Ventures, Norwest Ventures and Stripes. This latest round of funding closes a mere 219 days after Series B and values fabric at approximately $1.5B.

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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