Zazzl, the Internet's leading customized products marketplace, announced today that it has completed a $16 million series A round of equity funding led by Kleiner Perkins Caufield & Byers ("KPCB") and joined by Sherpalo Ventures.
The investment will be used to expand Zazzle’s just-in-time manufacturing operations, enable continued improvement of the online user experience, and grow the user community that enables Zazzle to provide innovative on-demand customized products to a growing worldwide audience.
INFO SOURCES
Zazzle.com, Inc. ("Zazzle")
FIRMS
Zazzle.com, inc. is the leading customized products marketplace for consumer enthusiasts to share and celebrate their interests by creating apparel, posters, cards, stamps and more. Zazzle combines on-demand manufacturing, a robust online community, the largest online collection of customizable digital images and unmatched personalization tools to empower consumers to create their products. In addition, individuals can choose to become contributors by sharing their unique creations in Zazzle’s public galleries. Within these galleries, anyone can browse, comment and connect with others who share their interests. Contributors also earn royalties every time their creations are purchased by others. For anyone who wishes to create, wear, display, sell or celebrate their interests, Zazzle provides a compelling interactive marketplace to a worldwide audience.
Since its founding in 1972, Kleiner Perkins Caufield & Byers has backed entrepreneurs in 450 ventures, including AOL, Align, Amazon.com, Citrix, Compaq Computer, Electronic Arts, Genentech, Genomic Health, Genprobe, Google, Hybritech, IDEC Pharmaceuticals, Intuit, Juniper Networks, Netscape, Ligand Pharmaceuticals, Lotus, Nuvasive, Sun Microsystems, Symantec, Verisign and Xilinx. KPCB portfolio companies employ more than 250,000 people. More than 150 of the firm's portfolio companies have gone public. Many other ventures have achieved success through mergers and acquisitions.
Ram Shriram started Sherpalo Ventures in January, 2000, with the goal of applying his wealth of operating and company building experience to promising early stage ventures. As a technology industry insider for over 25 years he has worked in companies large and small across all functional areas and through fluctuating business cycles. He is always eager to roll up his sleeves and work closely with founding teams on the challenging issues that confront and sometimes confound early stage ventures. Sherpalo’s mission is to guide and mentor exceptional entrepreneurs in taking their disruptive ideas and technology and turning them into successful businesses.
BOARD/MANAGEMENT
John Doerr of KPCB and Ram Shriram of Sherpalo Ventures join Zazzle’s Board of Directors
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