Artsy Wrangles $18.5 Million in Series B Funding
- April 03, 2014 22:39
The New York City start-up Artsy.net aims to be the Pandora of the art world, connecting collectors with the art they seek and suggesting new artists based on their preferences.
High-profile backers have been behind Artsy and its young CEO Carter Cleveland, from the get-go, including Peter Thiel, Wendi Deng, editor Dasha Zhukova, art dealer Larry Gagosian, and Earthlink founder Sky Dayton.
Adding to Artsy's Series B funding this week were Rich Barton, the Rockefeller family, IDG Capital Partners and China-based ZhenFund, for a total of $18.5 million.
Artsy has accumulated artworks from 1,800 galleries, 230 institutional partners and 25 art fairs, to date. There are more than 125,000 works by over 25,000 artists to browse.
Read more at Wall Street Journal
