What's Up With All the Fab Fashion Funding?
July 27, 2012
Apparently, if you have a sense of style and the word "fab" in your company name, you're more likely to score a fat round of financing. At least, this was the case for Fab, the design-centric ecommerce site that raised $105 million last week, and now for JustFabuluous, a subscription-based Internet retailer that's sitting pretty with a $76 million round. JustFab's funding, which will primarily be used for international expansion, is from Rho Ventures, Matrix Partners, Technology Crossover Ventures and Intelligent Beauty.