Fab Raises $5M


Fab has raised an additional $5 million in its Series D financing round. The latest investment comes from ITOCHU of Japan, following prior investment by ITOCHU Technology Ventures, the VC arm of ITOCHU, in the initial $150M Series D kick-off round in June.

Fab and ITOCHU will be working to develop a joint venture agreement to bring Fab to Japan in 2014.

ITOCHU is a general trading company, specializing in international and domestic trade including general products, and logistics services. 

[Image courtesy: Fab]

You may also be interested in:

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.