Autodesk, Inc. (ADSK) acquires Creative Market
Autodesk, Inc. (NASDAQ:ADSK) has acquired Creative Market to compete with other design software companies. Creative Market is a San Francisco based startup that offers a marketplace for digital content like fonts, photos, and templates. All of the employees at Creative Market will be joining the Autodesk Consumer Group, including co-founders Chris Williams (CTO) and Aaron Epstein (VP of product).
“When I first spoke to the folks at Autodesk, I was impressed with their vision and where they saw an opportunity to develop a more consumer-focused offering to take their decades of design experience and bring that spirit to the maker movement. As a creative, I’ve always been in awe of the incredible work that folks are able to create with AutoCAD, Maya and Autodesk’s other professional design tools. The animated film I just watched with my wife & daughter… made with Autodesk software. Well-engineered sports cars, dream homes… made with Autodesk software,” stated Creative Market co-founder and CEO Darius Monsef in a blog post.
Creative Market was in the process of raising another round of funding. The company raised a total of $2.3 million in funding from investors like SV Angel, Alexis Ohanian, and Crunchfund. Creative Market launched a Photoshop extension last year to sell and buy assets from its marketplace.
[Source: TechCrunch]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry