Faire has raised $150 million in venture capital, which it will use to expand into new markets, improve the Faire marketplace, and build more tools for its customers. The latest round brings Faire's total funding to date to $266 million and gives the company a valuation of $1 billion. Faire is an online wholesale marketplace that lets retailers shop for new products to carry. It works directly with makers and takes back returns with no questions asked. Faire works with 7,000 makers and 50,000 local retailers through its marketplace.from RSSMix.com Mix ID 8319533 https://ift.tt/2PBGF9M
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