CustomMade, a US-based online marketplace for crafted goods backed, has raised $18m in a new round of funding led by Atlas Venture and Google Ventures, Google’s corporate venturing unit which is a previous investor. Other investors were Schooner Capital, Next View Ventures, First Round Capital, and Launch Capital.
CustomMade has raised $25.3m since 2011. It secured $4m in April 2012 and $2.1m in series A financing in November 2011. The series A round followed CustomMade’s seed round, which raised $1.2m in June 2011 from three Boston-based investors.
As part of the financing, Fred Destin, a partner at Atlas Venture, and Rich Miner, a partner at Google Ventures, will join the board. The new funding will be used to expand on CustomMade’s already dominant position in the growing market for custom-made goods.
CustomMade chief executive officer Mike Salguero said: “As we see the marketplace for our buyers and makers’ projects steadily grow, we have redoubled our commitment to that vision.”