Fablic, graduate of Open Network Lab has announced it has raised 1 Billion JPY in funding

On 25th September 2014, Fablic, graduate of Open Network Lab has announced that it has raised 1 Billion JPY in funding from COOKPAD, COLOPL and JAFCO.

“Fril” operated by Fablic, inc., runs a flea market mobile app for women. The app uniquely targets female, providing a platform for them to buy and sell fashion items, hand made accessories, etc. Fril had also introduced an “official e-shop” feature on August enabling retail brands to sell their merchandise on the platform.