Friday, June 10, 2011

CafePress Files For IPO

San Mateo-based CafePress, the online service which allows users to create their own custom merchandise, has filed for an IPO. The firm said it is looking to raise up to $80M in its IPO, which is being underwritten by J.P. Morgan, Jefferies, and Cowen and Company. The firm has not yet selected an exchange or symbol. CafePress is venture backed by Sequoia Capital, Stratim Capital Funds, and Institutional Venture Partners.