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F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
99designs is a Melbourne , Australia , based company that operates a freelancer platform for connecting graphic designers and clients.[1] [2] [3] The company was founded in 2008, and has a United States office in Oakland, California .[4]
History
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99designs was founded by Matt Mickiewicz and Mark Harbottle as a spin-off of Sitepoint , a website started in 1998 as a forum for web developers and designers. Designers on its forums began organizing contests based on fictional client briefs.[5] [6] [7] The founders decided to test charging a fee to post briefs for real projects, eventually creating 99designs as a separate company for the contests.[5] [8] [9]
In 2008, the company opened a San Francisco office, because the majority of the platform's initial clients and designers were in the United States.[10] [11] It later moved its U.S. headquarters to Oakland, California.[4] By 2012, the site had 175,000 designers in 192 countries.[12] By 2016, it had about one million registered designers.[13] The platform was later redesigned to allow customers to directly search for and hire designers, outside of design competitions.[14] [15] [16]
In 2012, the company acquired a European competitor called 12designer, based in Germany .[12] [17] Its office became the European headquarters of 99designs.[18] In 2013, the company acquired LogoChef, a Brazilian competitor.[19] In 2017, the company relocated back to Melbourne.[20] [21]
The company was acquired in October 2020 by American Irish company Cimpress .[22]
Financials
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In 2011, the company received US$35 million in financing from Accel Partners and other investors.[23] [24] [25] It subsequently raised another $10 million in 2015.[13] [20]
The company became profitable in 2017,[14] and in February 2018 reported $60 million a year in revenue.[20]
References
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^ Cooper, J. Melissa (19 May 2015). Freelance Nation: Work When You Want, Where You Want. How to Start a Freelance Business . Advantage Media Group. ISBN 9781599325316 .
^ Suhr, Hiesun Cecilia (21 August 2014). Online Evaluation of Creativity and the Arts . Routledge. ISBN 9781317748724 .
^ a b Li, Ronald (25 March 2015). "Digital design startup moves headquarters from S.F. to hot Oakland neighborhood" . San Francisco Business Times. Retrieved 31 January 2019 .
^ a b Craig, Elsie (21 May 2012). "Xconomy: 99designs Crowdsources Its Own New Website Design" . Xconomy . Retrieved 26 July 2018 .
^ Dubois, Lou (27 June 2011). "Matt Mickiewicz, Co-founder of 99designs" . Inc.com . Retrieved 27 July 2018 .
^ Isaac, Mike. "Why Designers Hate Crowdsourcing" . Forbes . Retrieved 27 July 2018 .
^ Lacy, Sarah (24 January 2012). "Get Over It, Haters: 99designs Has Tipped" . Pando . Retrieved 26 July 2018 .
^ Ho, Victoria. "Design Competition Model Is Working For 99designs, Especially In Asia" . TechCrunch . Retrieved 27 July 2018 .
^ Anderson, Cathy (27 May 2016). "How These Aussie Small Businesses Have Cracked the US Market" . Huffington Post . Retrieved 27 July 2018 .
^ King, Rachel (27 October 2008). "The Designer-Small Biz Connection" . Fast Company . Retrieved 2 August 2018 .
^ a b Empson, Rip (7 August 2012). "99designs Makes Its First Acquisition, Scoops Up European Rival 12designer" . TechCrunch . Retrieved 26 July 2018 .
^ a b Redrup, Yolanda (9 March 2016). "Design marketplace 99designs releases growth figures as it weighs up possible IPO" . Australian Financial Review . Retrieved 27 July 2018 .
^ a b "Graphic design marketplace 99designs hits profitability 9 years after launch" . VentureBeat . 24 October 2017. Retrieved 27 July 2018 .
^ Knight, Anneli (20 October 2011). "Winner takes all: the global design race" . The Sydney Morning Herald . Retrieved 27 July 2018 .
^ Ward, Miranda (28 November 2013). "99designs refutes claim crowd-sourcing is contributing to tough conditions for freelancers - Mumbrella" . Mumbrella . Retrieved 27 July 2018 .
^ Sharma, Mahesh (31 August 2012). "99 problems but a design ain't one" . ZDNet . Archived from the original on 3 January 2015. Retrieved 26 July 2018 .
^ McDermott, John (7 August 2012). "Start-up 99designs Buys European Rival" . Inc. Magazine. Retrieved 31 January 2019 .
^ "Crowdsourcing giant 99designs acquires LogoChef, continues global expansion" . VentureBeat . 27 August 2013. Retrieved 2 August 2018 .
^ a b c "As 99designs turns 10, CEO Patrick Llewellyn plans for an Australian IPO" . TechCrunch . Retrieved 26 July 2018 .
^ Wallbank, Paul (24 October 2017). "99Designs pivots to agencies as it returns to its Melbourne roots ahead of ASX listing" . Mumbrella . Retrieved 27 July 2018 .
^ "Printing giant Vistaprint acquires 99designs" . techcrunch.com . 5 October 2020. Retrieved 5 October 2020 .
^ Primick, Dan (29 April 2011). "Why 99designs raised $35 million from Accel Partners" . Fortune . Retrieved 26 July 2018 .
^ Khoo, Valerie (16 May 2013). "Going global: how one Melbourne start-up did it" . The Sydney Morning Herald . Retrieved 27 July 2018 .
^ Lacy, Sarah. "Accel Invests $35M. in 99designs…After Years of Trying" . TechCrunch . Retrieved 27 July 2018 .
External links
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R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=99designs&oldid=1232780816 "
C a t e g o r i e s :
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● S h o r t d e s c r i p t i o n m a t c h e s W i k i d a t a
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● T h i s p a g e w a s l a s t e d i t e d o n 5 J u l y 2 0 2 4 , a t 1 5 : 2 6 ( U T C ) .
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a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n .
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