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JUL 16, 2013 - TechCrunch

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Fab Lawsuit Resolved, TouchOfModern Raises $3M Series A And Looks Toward Asia

The flash sales site TouchOfModern is looking to continue expanding overseas, after an eventful March in which it resolved its lawsuit with Fab.com and raised a $3 million Series A round. Having extended its services to Canada in April, TouchOfModern has plans to move into Asian markets early next year. Co-founder and CEO Dennis Liu told us that the suit, which Fab.com filed against TouchOfModern last August, was resolved out of court with no material impact to the business. He declined to give further details. Fab.com originally filed the lawsuit on the basis that TouchOfModern infringed on ... Read More

Tags: Fab Lawsuit Resolved, TouchOfModern Raises $3M Series A And Looks Toward Asia,  One Kings Lane Latest News