Fabric: Raises $43M in Series A Funding

  • Fabric, a Bellevue, Wash.-based headless commerce platform, raised $43m in Series A funding
  • The round led by Norwest Venture Partners, with participation from Redpoint Ventures and Sierra Ventures
  • In conjunction with the funding, Scott Beechuk, partner at Norwest Venture Partners, will join the board of directors
  • The company intends to use the funds to accelerate product development of its headless commerce platform, expand the team and meet the demand for its commerce technology
  • Led by Faisal Masud, CEO, Fabric provides an API-driven, modular system, for D2C and B2B brands to scale
  • With Fabric, marketers and merchants can execute on creative decisions, without pulling in extensive engineering resources
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Trump Calls on Congress to Cap Credit Card Rates

The former president urges lawmakers to limit high interest rates amid economic concerns.Highlights: Trump advocates for capping credit...

GuavaPay’s Founder Resigns Amid Mastercard Court Battle

Founder steps down as legal issues with Mastercard escalate.Highlights: GuavaPay founder resigns due to court case with Mastercard.Mastercard...

Mastercard Challenges Guavapay as Founder Resigns

Guavapay's legal battle with Mastercard unfolds amid leadership changes.Highlights: Guavapay founder resigns amid ongoing lawsuit with Mastercard.Mastercard has...

Zepz Expands Business by Acquiring Pomelo International

The acquisition aims to diversify Zepz's services beyond remittances.Highlights: Zepz acquires Pomelo International to diversify offerings.The deal aims...