YC alum COLOURlovers launches CreativeMarket: Etsy for mousemade designs (patterns, shapes, photos, fonts, gradients)

 

If you haven’t heard of COLOURlovers, you’re probably not a design fiend. Judging by its traffic growth over the past seven years, however, it’s built a pretty loyal following among its one million right-brained registered members. The Y Combinator grad also counts community-building experts, like Matt Mullenweg from WordPress and Alexis Ohanian from Reddit, as angel investors. They joined Founder Collective, Charles River Ventures, 500 Startups and others in a $1 million seed round last March.

Today on the company’s blog, “Chief Lover” Darius A. Monsef IV (who goes by the name Bubs and founded the site while still working at Microsoft) announced the private beta launch of an Etsy-like exchange called CreativeMarket that will enable its users to share and sell their “mousemade goods” like patterns, shapes, photos, fonts, and gradients. Although the team works remotely, co-founder Aaron Epstein, the brains behind ColorSchemer.com which eventually merged with COLOURlovers, lives right here in New York. “We’ve been trying to get as many New York people as possible,” Mr. Epstein told Betabeat.

With this new product, COLOURlovers is boldly making the world a more well designed place. If you're a designer, they're a must-watch website for 2012.

Blackhawk Network Buys Gift Card Marketplace Cardpool (W10)

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Y-combinator-backed gift card marketplace Cardpool has been acquired by Blackhawk Network, a subsidiary of Safeway and one of the largest distributors of gift cards in the world. Financial terms of the deal have not been disclosed.

Cardpool, which launched in 2010, buys people’s unwanted gift cards, and sells gift cards at large discounts. They judge the buyback and selling amount by how desirable the cards are. For example, you can sell a BestBuy’s gift card, which is highly desirable, to CardPool for 90 percent of its value. And on CardPool’s site, you can find a Best Buy gift card for 5 percent off its original value. On the other hand, 1-800-Flowers’ gift cards, which are not as popular as Best Buy’s cards, are discounted by 30 percent on the site.

Read full article via techcrunch.com

 

Dropbox (S07) Raises $250M In Funding, Boasts 45 Million Users

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We knew it was in the works, and now Dropbox has confirmed that it has raised a massive round of funding. The company has landed $250 million in Series B financing (bringing its total of capital raised to $257.2 million). Last we heard the round values Dropbox at $4 billion.

Index Ventures led the round, with participation from a stellar list of new investors (Benchmark Capital, Goldman Sachs, Greylock Partners, Institutional Venture Partners, RIT Capital Partners and Valiant Capital Partners). Early backers Sequoia Capital, Accel Partners, and Hadi and Ali Partovi also participated in the round. Founded in 2007, Dropbox was initially jump-started at Y Combinator.

Read full article via techcrunch.com