Imagekind Acquired By CafePress For $15-20 Million

Imagekind, the art site that describes itself as "a hybrid art gallery, photo-sharing service and a print-on-demand service" has been acquired by CafePress for $15-$20 million in cash and stock, according to VentureBeat.

The site, which was launched two years ago, allows artists to upload and sell framed prints of their pieces, and also allows users to purchase one-off prints of their own images. The company's blog post on the deal says that the site is home to over 50,000 artists, who will now gain increased exposure from CafePress's 6.5 million members. ImageKind will continue to operate from its existing website and brand.

In January 2007 we heard rumors that Amazon was looking to acquire the company, but a deal never materialized. Instead, the company wound up raising$2.6 Million in funding in February of that year.

Cook also reports that Zazzle, one of CafePress's largest competitors, was looking to acquire Imagekind as it moves to launch its own custom framing service. Another major player in this space is Art.com.