Daniel Goodman / Business Insider
See Also
Fab Celebrates 4 Million Members and 2 Million Orders With A Whole New Redesign
FAB.COM: More Than A Third Of Our Visits Are Now Mobile–And 95% Of Those Are iPhones And iPads
What’s Next For Fab.com: An Interview With Fab’s CMO
Fab.com, the design-focused flash-sales site, has raised $105 million, the Wall Street Journal reports.
Atomico Ventures, the investing vehicle of Skype cofounders Janus Friis and Niklas Zennström, led the round.
The Journal notes that while Fab’s traffic has skyrocketed since founders Bradford Shellhammer and Jason Goldberg, the company’s CEO, changed the site from a gay social network to a discount-deals site.
Goldberg is a talented fundraiser. The company raised $40 million just last December, following a rapid-fire series of previous financing rounds.
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