Sunday, June 15, 2014

Fab.com’s David Lapter Joins MakeSpace As CFO

MakeSpace, the NY-based startup that thinks of itself as a Dropbox for physical objects, has recently announced that it secured Fab.com CFO David Lapter as new Chief Financial Officer, and SVP of Business Operations.

Lapter is a serial startup CFO, and most recently comes from Fab.com where he joined in 2011. At the time, the ecommerce platform was but a few months old. Fab.com now brings in revenues of over $100 million globally.

Before Fab.com, Lapter was CFO and EVP of business operations at KickApps, as well as CFO at CTSpace. Both companies were acquired during his tenure at them.

Here’s what MakeSpace CEO and founder Sam Rosen had to say in a prepared statement:

Bringing David on board to help guide our growth is a huge win as we scale locally in New York and accelerate our expansion to new markets. I’m ecstatic to welcome David as an integral part of our management team and I look forward to working alongside him to implement our long term strategic vision for the company.
MakeSpace is a service that lets you tag and store items that you own with the help of an app and MakeSpace’s on-demand pickup and drop-off service. Not only does it save the user time commuting to
and from storage spaces, but actually saves time based on sheer organization, as the folks at MakeSpace know exactly where each item is at any given time. When you request your old soccer ball, they just grab it and bring it over to you.

In the past year, MakeSpace has picked up a $1.3 million seed round from Upfront Ventures, Lowercase Capital, High Peaks Venture Partners, and Collaborative Fund. And in May, the company picked up $8 million in Series A.

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