Fab.com

Fab.com Nabs Former Etsy VP As COO, Design Within Reach Founder Joins As Advisor

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Design sales site Fab.com is growing fast; adding nearly 200,000 new members the past 30 days alone, and processing ten thousand plus orders per week. That’s impressive for a startup that started an entirely new business centered around online flash sales of design items from scratch in June. Of course to mitigate this growth, the company has to make a few key hires in operations and finance.

The company has named Beth Ferreira as its new COO. Prior to joining Fab.com she was a an operations consultant to a number of startups including Birchbox, Pixable, JOOR, Nestio, RedRover Networks, fundedbuy, ofakind, and postling. Before that, Ferreira was VP of Operations & Finance at Etsy and a member of the investment team at VC firm Flatiron Partners. She has also held positions at The Boston Consulting Group and at the Union Bank of Switzerland.

New CFO David Lapter has joined Fab.com from Kit Digital, which acquired his previous company, KickApps. Lapter also held positions in the VC world prior to Kit Digital.

The startup has already attracted some celebrity attention with Ashton Kutcher and Guy Oseary as investors. But today, a celebrity in the design world, Rob Forbes, is joining the company as an advisor. Forbes is the founder of design-focused furniture and accessories store Design Within Reach.

Fab.com recently raised another $8 million in new funding, and launched mobile apps for iOS and Android. And the company is nearing 1 million members.