A quick update on Pinterest rival Fancy's massive $26 million round of funding, uncovered via an SEC filing yesterday. Because of the hurricane, the NYC-based team had evacuated the city, making it difficult to track down and speak with the service's executive staff. Today, that same situation continues, but COO?Michael Silverman has at least provided confirmation of sorts, telling us that what the SEC filing says is accurate. Beyond that, there are no more details on why the funding was required or what it will be used for.Source: http://feedproxy.google.com/~r/Techcrunch/~3/7dzYb1nMgbU/
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