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Fabric raises $100M Series B at $850M valuation as revenue jumps 800% and headcount hits 161
Seattle e-commerce startup Fabric raised $100 million in a Series B that values the four-year-old company at $850 million after reporting revenue growth of more than 800% year-over-year and expanding headcount to 161.
Fabric raises $43M Series A from Norwest to sell headless commerce platform to mid-market retailers
Seattle-area e-commerce startup Fabric raised $43 million in a Series A led by Norwest Venture Partners to help mid-market retailers build modular, headless commerce systems and compete with Amazon amid a pandemic-driven online shopping surge. Founded by Faisal Masud, Fabric offers commerce APIs used by brands like GNC and Juicy Couture and had raised $9.5 million in seed funding five months earlier.
Fabric announces $43 million Series A led by Norwest Venture Partners to scale its headless commerce platform
Fabric, a headless commerce platform, announced a $43 million Series A funding round led by Norwest Venture Partners on February 9, 2021 to scale its platform; the company is led by former Amazon, Google, eBay and Staples executives and counts brands like GNC, abc carpet & home and Juicy Couture as customers.
