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July 26, 2011 07:07 pm GMT

Design Sales Site Fab.com Hits 350,000 Members, Raises $8M To Celebrate

Fab.com, which started out as Fabulis, a social networking site for gay men, has not only recently changed its name but also started from scratch with an entirely new business centered around online flash sales of design items.The startup recently completed a $1 million early-stage round of funding from investor/actor Ashton Kutcher, SV Angel, SoftTech VC and previous backers First Round Capital, Baroda Ventures and The Washington Post. The company has now raised another $8 million in Series A funding, we've learned.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6tabtKkaOro/

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