Thursday, July 19, 2012

Baroda In Fab.com's New $105M Funding

Los Angeles investor Baroda Ventures, the venture capital arm of David Bohnett, has re-upped on online fashion and e-commerce site Fab.com, in a big, $105M third round of funding for that site. Baroda has been an investor in Fab since its seed funding back in June of 2010. Fab.com said the new funding round was led by Atomico, and also included Pinnacle Ventures, re-Net Technology Partners, Mayfield Fund, DoCoMo, Menlo VEntures, Andreessen-Horowitz, and First Round Capital. Fab.com operates an online, flash-sales and e-commerce site that revolves around design; the site originally started as a social network, and is headed by Jason Goldberg. Bohnett is the founder of Geocities.com. More information »

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