NEW YORK, NY, Design retailer has added $10 million more to a fundraise from SingTel Innov8, the VC arm of Asia communications company, SingTel Group.
According to Business Insider, Fab has added $10 million more to its Series D fundraise from SingTel Innov8, the VC arm of Asia communications company, SingTel Group.
Fab says more Series D investors will be announced soon. Fab has now raised $320 million total and it's expected to raise $90 million more. Earlier this week it laid off more than 100 employees in Europe in an effort to cut duplicate jobs and transition away from flash sales.
5.5M+ people around the world use Fab to discover everyday design products at great prices, to connect with the world's most exciting designers, and toshare their favorite design inspirations.
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