It was last month that Seattle-based ImageKind, where artists can upload their work and sell custom framed prints to others, was in acquisition discussion with Amazon. ImageKind competes with Art.com’s new Sistino project - rumor had it that Art.com was also looking at the company late last year for a possible acquisition. At the time of this post, ImageKind President Kevin Saliba said all discussions were around a financing, not an acquisition (and he only confirmed that he was talking to “large online retailers” and wouldn’t confirm the Amazon discussions specifically). From what we are hearing, the company has closed that round of financing, but Amazon was noticeably absent from the list of investors. The round was a total of $2.6 million, and included investments from Holtzbrinck Ventures, Crosslink Capital, Erik Blachford (former CEO of Expedia), Tom Hughes, the Samwer Brothers, Nick Hanuaer, and Bill Trimarko. This may be the latest in a string of big acquisition that has been a trend nowadays.
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