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SoftBank led a $140m Series C round in fabric.

Synopsis

SoftBank, a company that specializes in growth capital and social impact investments, led a $140m Series C round in fabric, a company specializing in e-commerce platform development, with participation from Forerunner Ventures, Glynn Capital, Redpoint Ventures, Norwest Ventures and Stripes. "We truly appreciate the vote of confidence that Softbank and our other world-class investors have in our vision, our execution and our experienced team. This round will allow us to increase the velocity of our innovation and product development while we continue to create technology that, unlike our competitors, bends to the needs of our customers, not the other way around. fabric truly is the future of digital commerce and our new customers Chico's, McDonald's, TriMark, L'azurde and most recently The Honest Company, are embracing it," Faisal Masud, fabric CEO.

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