Brooklyn-based Etsy Raises $27 Million in Fourth Round

Etsy Labs!

(Photo courtesy of xiane threeravens)

Etsy, a Brooklyn-based, online marketplace for handmade products, has raised $27 million in its fourth round of venture capital, according to CNet News. Etsy was founded in 2005 and has grown, with over 120,000 sellers from around the world.

Etsy opened their Etsy Labs on 325 Gold Street (off of the Manhattan Bridge / Flatbush Ave ext). It has 48 full-time employees and approximately 650,000 registered users, 120,000 of whom are individuals selling their handmade creations in 127 different countries. Congratulations to the Etsy crew!

{Etsy blog post announcement}
{Crafty commerce site Etsy gets $27 million in funding,}
{previously: Etsy Monthly Trunk Show}

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