99designs, a San Francisco, CA-based marketplace for graphic design, raised $10m in Series B round of funding.
The round was led by Recruit Strategic Partners, a wholly owned subsidiary of Recruit, a Japan-based matching platform across verticals including human resources, travel, real estate, bridal and dining, with participation from Accel Partners. Accel’s partner Rob Solomon joined 99design’s board.
The company intends to use the funds to further international expansion, particularly in Japan and other parts of Asia.
Led by CEO Patrick Llewellyn, 99designs is a large logo design and graphic design marketplace. It operates crowd-sourced design contests, where businesses receive a variety of design concepts and choose their favorite, and provides services for customers to work 1-on-1 with individual designers, purchase design templates from the logo store, or get small design projects done within an hour through Tasks.
It has more than 950,000 designers from 192 countries around the world.
The company also has operations in Australia, Germany and Brazil.
FinSMEs
15/04/2015