Accel Partners has invested $35 million in the crowdsource design service 99designs– a monster of a series A. Of course, 99designs is not your average early-stage startup. Born in Melbourne, Australia out of an older company called sitepoint.com, 99designs is bootstrapped, profitable and growing revenues at a rate of about 120% a year.
A few strategic angel investors also participated including… → Read More
Back in February, the first glimpses of Glitch, a new massively multiplayer online game created by Tiny Speck, were shown to the world. Stewart Butterfield, the co-creator of Flickr and co-founder of Tiny Speck, gave us a walk-through of the game at that time. Even in its very early stages, it looked pretty damn good. And the potential was very apparent. Now it’s even more apparent, as the game… → Read More