The Washington Post Company has
invested in gay social-networking site Fabulis, which has been
“Fab.com is more than just a
rebranding of Fabulis,” Jason Goldberg, founder and CEO of Fab.com
said on the company's blog. “It's an entirely new site with 350+
new features and more than 100,000 new pages. Our fab vision is to
be the definitive resource for gay men, helping us discover the world
and enjoy our lives.”
According to Goldberg, the site and its
mobile app provide “the largest global index to gay-centric places,
events, unique interactive profiles that assist in making new
friends, and other features that quickly connect our members to the
best of gay life.” (A video introducing the new Fab.com is
embedded in the right panel of this page.)
The site has attracted more than
110,000 members since going live, and says it is welcoming 20,000 new
users per month.
Executives also announced completion of
a new round of investment.
“Just closed a $1.75 million Series A
financing with investors including First Round Capital, The
Washington Post Company, Baroda Ventures and Zelkova Ventures, adding
to an earlier $1.25 million in angel financing,” Goldberg added.