Check out the on-demand sessions from the Low-Code/No-Code Summit to learn how to successfully innovate and achieve efficiency by upskilling and scaling citizen developers. Watch now.
This follows a number of high-profile Web IPOs and IPO filings, including Groupon’s filing last week. CafePress is a bit less sexy — it’s older, having been founded in 1999, and it isn’t social in the way that (say) LinkedIn is.
The company also appears to have passed the rapid-growth phase seen by some Web startups. It reported $128 million in revenue and $2.7 million in profit in 2010, compared to revenue of $120 million and a $2.2 million loss in 2008.
Still, the San Mateo, Calif. company is doing something cool and disruptive on the Web, and its investors include Sequoia Capital, one of the Valley’s top firms. CafePress says that it currently has more than 13 million members and a catalog of more than 325 million products. It shipped six million of those products in 2010. And it also runs several other e-commerce websites.
According to the filing, CafePress wants to raise $80 million in its IPO.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.