LogoWorks Receives $9.3 Million in Equity Funding

"LogoWorks, the leader in custom graphic design services for small businesses, today announced it has received a $9.3 million round of equity funding in a round co-led by Benchmark Capital and Shasta Ventures.


LogoWorks also announced that Bob Kagle, general partner of Benchmark Capital, and Tod Francis, managing director of Shasta Ventures, have joined its board of directors. Kagle is best known as the lead venture investor in eBay. Kagle's other investments include AllPosters.com, Art.com, eBags, Friendster, Jamba Juice and zipRealty. Francis has also invested in several consumer-oriented investments, including BabyCenter, Blue Nile, FatBrain, Next Card and WeddingChannel.com"

[Press release]

Company competes with Branders.com, CafePress, Customink, and others in the custom graphic design services vertical.