Tuesday, July 8, 2008

Imagekind Acquired By CafePress

Seattle-based Imagekind, an online art framing and artwork marketplace, said Tuesday that it has been acquired by custom t-shirt and gifts maker Cafepress. According to Imagekind, it will continue to operate under the Imagekind website and brand. The reported price was between $15 and $20M, according to both VentureBeat and the Seattle P-I's John Cook, citing anonymous sources close to the deal. Imagekind was backed by Holtzbrinck Ventures, Crosslink Capital, Erik Blachford, former CEO of Expedia; Tom Hughes, co-founder of Photodisc; Samwer-Brothers; and Nick Hanuaer, founder of aQuantive and Second Avenue Partners.