Fab.com, a NYC-based design-focused flash sales site, has acquired FashionStake, an online marketplace for independent designers, for an undisclosed sum.
According to Fab.com’s Founder and CEO Jason Goldberg (read here), FashionStake founders Vivian Weng and Daniel Gulati will join Fab.com.
Fab.com recently raised $40m in Series B Financing (read here).
FinSMEs
15/01/2012