Online clothing platform lands €10 million

European Web 2.0 clothing site secures €10 million in financing led by Kennet Partners

Financial trends and news by Chris Caceres
February 23, 2009 | Comments
Short URL: http://vator.tv/n/703

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 Spreadshirt, an online Web 2.0 clothing platform, has just landed €10 million in financing.  The round was led by Kennet Partners and backed by its existing investor, Accel Partners.  

Founded in 2002 by Lukasz Gadowski, Spreadshirt offers an online shopping site where users can purchase shirts designed by either Spreadshirt or the community in its marketplace.  Spreadshirt also offers a t-shirt creation application for potential buyers where the user can write text on a shirt or pick from different graphics and designs.  

With its nearing 300 current employees, Germany based Spreadshirt, plans to use the funding to add new products and capabilities to its online platform and also begin to tap into the US market where it will be going heads up against, San Mateo, CA, based Café Press, which offers basically the same service.  Spreadshirt currently has offices in Germany, UK, Netherlands, Poland, Spain, Italy, Ireland, France and the USA.


Related companies, investors and entrepreneurs

Plogo_spreadshirt
Spreadshirt
Startup/Business
Description: Founded in Germany by graduate student Lukasz Gadowski, Spreadshirt is an online platform for apparel merchandising that allows internet ...
Plogo_cafepress
Cafepress
Startup/Business
Description: CafePress.com is an online marketplace that offers sellers complete e-commerce services to independently create and sell a wide variety o...
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