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Spreadshirt Lands €10 Million For Custom Clothes Design

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Lukasz Gadowski’s Spreadshirt, which calls itself a Web 2.0 platform for designing and selling clothes, has raised €10 million in venture funding from Kennet Partners and existing backer Accel. Like a Cafepress just for clothes, and much better, Leipzig, Germany-based Spreadshirt offers all kinds of clip art, garments and colours, - all designed for the, err, “massive market of people who wear clothes”, the release says.

The company got a first-round investment of an undisclosed size from Accel back in summer 2006. It says it will use this monty to add new features to its website, strengthen its international footprint and for marketing. Spreadsheet has established a US office in Pittsburgh and is planning to add marketing and sales staff in Boston.

Feb 23, 2009 10:53 AM ET

Posted In: Money, M&A & Venture Capital, Venture Capital, Countries, Europe, Germany, accel partners, kennet partners, spreadshirt

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