[Update] Confirmed: T-shirt site CafePress buys art marketplace Imagekind
Update: Imagekind has confirmed the purchase.
Imagekind, an online marketplace for original and reprinted artwork, has been bought by online t-shirt and gift seller CafePress, a reliable source tells us, with rival Zazzle losing out on the deal. We hear the acquisition price may have been between $15 million and $20 million, although we’re still looking for confirmation on the amount.
While these days there are seemingly countless sites that let you design and sell your own… Continue Reading
Roundup: Google’s StumbleUpon clone, Froogle gone, Google phone, more
Here’s the latest action:
Google’s fireworks — This has been an impressive week for Google, and it shows in the 4 percent-plus jump in Google’s stock price earlier this morning (though it has tapered in the past hour). The main driver was its stellar earnings report. But here are the side-shows:
Video: It announced a video-conferencing product acquisition this morning (see our story).
StumbleUpon lookalike: Google also released a tool that looks a lot of like StumbleUpon, the site… Continue Reading
Imagekind, the Web site for artists, raises cash
Imagekind is a Web site that lets artists upload their artwork for sale, and gives them the freedom to sell it at whatever price they want.
The six-month-old Seattle start-up has just raised $2.6 million in venture capital, which gives it ammunition to go after the industry’s leading site, Art.com. It will announce the funding tomorrow.
Art.com dictates prices more rigidly — it doesn’t let artists set their own price, and apparently only pays them a 10… Continue Reading