FinTechFunding

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
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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.

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