by Gavin O'Malley on Jul 19, 10:51 AM
Showing continued interest in flash-sale sites, design-oriented Fab.com just raised an impressive $105 million in new funding. “The investment was led by Atomico, an international venture firm launched by Skype co-founder Niklas Zennstrom, and values the company at $600 million,” reports The Wall Street Journal’s
Digits blog, citing sources. “Much like a marriage, a nine-figure VC investment is not to be entered into unadvisedly or lightly,”
TechCrunch cautions. “In his
blog post, [Fab CEO Jason] Goldberg made a point of tempering the flashy funding announcement with a statement of Fab’s grounded focus.” As part of its investment, …