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July 19, 2012 03:35 am GMT

Fab Seals The Deal On $105 Million In New Funding

FabDesign-oriented flash sales site Fab has raised $105 million in new funding, the company confirmed today. The news was first reported by the Wall Street Journal and was subsequently confirmed by Fab CEO Jason Goldberg in a detailed blog post.You can't say we didn't warn you: TechCrunch editor extraordinaire Alexia Tsotsis reported just over a month ago that Fab was raising some $100 million in new funds at a $700 million pre-money valuation.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dCKavAVDfm8/

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