Etsy Brings In $40M To Target Overseas DIYers

Law360, New York (May 9, 2012, 6:09 PM EDT) -- Etsy Inc., the popular online marketplace for handmade goods, has raised $40 million in late-stage funding from four venture capital firms to fuel its overseas expansion, the company said Wednesday.

Index Ventures led the Series F financing round, which brings Etsy's total fundraising to $91 million. Accel Partners LP, Union Square Ventures LLC, Glynn Capital Management LLC and Munich-based Acton Capital Partners also participated. All are repeat investors in Etsy, the company said.

CEO Chad Dickerson said the company, which has more than 875,000 sellers and...
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