99designs, a Melbourne, Australia-based online marketplace for crowdsourced graphic design services, has raised $35m in Series A funding.
The round was led by Accel Partners, with participation from angel investors Michael Dearing (eBay, Harrison Metal), Dave Goldberg (Survey Monkey), Stewart Butterfield (Flickr, Tiny Speck), and Anthony Casalena (Squarespace).
In conjunction with the funding, Andrew Braccia and Ryan Sweeney of Accel Partners will join the company’s Board of Directors, along with Michael Dearing, 99designs co-founder Mark Harbottle, and CEO Patrick Llewellyn.
Founded in February 2008, the company employs 26 staff in Melbourne and San Francisco.
According to the company, the marketplace has over 100,000 designers in 192 countries with over 75,000 projects completed. Their store includes more than 10,000 logos for customization and sale.
FinSMEs
28/04/2011