San Mateo, Calif. – CafePress, an online store that lets users create customized t-shirts, bumper stickers, mugs and other items on-demand, has filed with the Securities and Exchange Commission (SEC) to raise up to $80 million in an initial public offering (IPO) of shares.
The company did not announce the number of shares it plans to offer, or an anticipated price range.
Founded in 1999, San Mateo, Calif.-based CafePress said its users have created more than 2 million online storefronts, offering over 330 million products.
The company ships over 7 million products monthly, and counts 11 million unique monthly visitors to its site.
CafePress has raised more than $15 million in venture capital, from backers including New Millennium Partners, PacRim Venture Management and Staenberg Venture Partners.
J.P. Morgan Securities and Jefferies & Company, Inc. will act as joint book-running managers for the offering.
Related Links:
http://www.cafepressinc.com/press/releases/pr.pl/pr_s1
http://tinyurl.com/3wfutwh (Reuters)
