Redbubble, a Melbourne, Australia- and San Francisco-based online marketplace for artist designed products, raised $15.5m in funding.
Backers included Acorn Capital and Piton Capital, which joined Simon Baker, Michael Birch, Stan Chudnovsky, Su-Ming Wong and Simon Yencken. In conjunction with the funding, Greg Lockwood, partner at Piton Capital, is joining Redbubble’s Board of Directors.
The company intends to use the funds to accelerate product rollout and plans for further international expansion.
Led by founder and CEO Martin Hosking and Chairman Richard Cawsey, Redbubble is an online marketplace where people can shop for lifestyle products featuring work from independent artists and designers worldwide.
Launched in 2007, Redbubble hosts 14 million unique images that can be printed on a diverse collection of lifestyle products, including apparel, homewares, fashion and technology accessories, and wall art. In 2014, more than 1.2 million customers shopped and more than 60,000 artists made sales. offices.
FinSMEs
21/05/2015