Andreessen Horowitz Leading Investment in 3-D Printer Shapeways
Shapeways Inc., the 3-D printing company that creates made-to-order products, raised $30 million from investors, including Andreessen Horowitz, to accelerate hiring while building factories.
Union Square Ventures, Index Ventures and Lux Capital joined the financing, New York-based Shapeways said today in a statement. The company, spun out of Royal Philips Electronics NV in 2007, has raised a total of $47.3 million.
Shapeways serves as a marketplace for 3-D products, letting users shop for printed designs the same way they use Amazon.com Inc. (AMZN) for clothes, books and cooking utensils. The company has printed over 1 million products and has is uploading 60,000 new designs a month from users buying and selling products.
“Technology is at its best when it enables human creativity,” Andreessen Horowitz Partner Chris Dixon said in today’s statement. Dixon, a long-time entrepreneur and angel investor, joined the Menlo Park, California-based firm in November.
Bloomberg LP, the parent of Bloomberg News, is an investor in Andreessen Horowitz.
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