History
CafePress, Inc. was founded as a privately owned company in 1999 by Fred Durham and Maheesh Jain. As of February 2006, the site hosts over 2.6 million online shops with over 200 million products. As of March 2011, CafePress.com has more than 13 million members and over 325 million products are available on the site.
In July 2008, CafePress acquired the specialist photographic art printing business imagekind., and in September 2010 acquired photo-to-canvas company Canvas On Demand to their platform of brands.
In June 2011, CafePress filed with the SEC to raise up to $80 million in an initial public offering.
On March 29, 2012, CafePress debuted at $19/share on the NASDAQ under ticker symbol PRSS. The stock hit an intra-day high of $22.69/share.
On April 30, 2012, CafePress announced that it would move its corporate headquarters to Louisville, Kentucky from San Mateo, California.
Read more about this topic: Fred Durham
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