Zazzle Rumor: Big Hedge Fund Investment

Written by on July 27th, 2007 in Ajax News.

Here’s an unconfirmed but well sourced rumor: silicon valley based Zazzle will be closing a second round of financing in the $30 million range, at a $300+ million pre-money valuation. The round is expected to be led by an as-yet-unnamed hedge fund. Kleiner Perkins (which led the company’s $16 million Series A round in 2005, is supposedly also particpating in the round. Look for confirmation from the company in the next couple of weeks.

The company competes with CafePress and others.

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Source: TechCrunch
Original Article: http://feeds.feedburner.com/~r/Techcrunch/~3/138083069/

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