Company type | Subsidiary |
---|---|
Nasdaq: PRSS | |
Industry | E-commerce |
Founded | 1999 |
Founders | Fred Durham Maheesh Jain |
Headquarters | , United States |
Key people | Fred Durham (CEO) |
Products | Custom products |
Parent | PlanetArt |
Type of site | Online shopping |
---|---|
Available in | English language |
Owner | CafePress, Inc. |
Registration | Required to buy and sell |
Launched | 1999 |
CafePress, Inc. is an American online retailer of stock and user-customized on-demand products. The company was founded in San Mateo, California, but is now headquartered in Louisville, Kentucky, where its production facility is also located. In 2001, CafePress.com won the People's Voice Webby Award in the Commerce category.
CafePress.com sells T-shirts, bags, mugs, wall clocks, calendars, and a myriad of other products. [1] Customers can upload their own graphics design, logo, or text, which will be added to the product by the company. CafePress.com also offers print-on-demand services for wall art and stationery. The site also allows users to have a virtual CafePress "shop", including an online storefront and website hosting, order management, fulfillment, payment processing, and customer service.
This section needs to be updated. The reason given is: events since 2012.(February 2017) |
CafePress, Inc. was founded as a privately owned company in 1999 by Fred Durham and Maheesh Jain. [2] [3]
In July 2008, CafePress acquired the specialist photographic art printing business Imagekind, [4] and in September 2010 further acquired photo-to-canvas company Canvas On Demand to add to their platform of brands.
In June 2011, CafePress filed with the SEC to raise up to $80 million in an initial public offering. [5]
On March 29, 2012, CafePress debuted at $19/share on the NASDAQ under the ticker symbol PRSS. The stock hit an intraday high of $22.69/share. [6]
On April 30, 2012, CafePress announced that it would move its corporate headquarters from San Mateo, California, to its production facilities in Louisville, Kentucky, at a cost of $16.5 million. Louisville and the state of Kentucky had offered incentives as high as $10 million for the move, up to $1 million per year for ten years. [7]
On September 28, 2018, Snapfish agreed to acquire CafePress for approximately $25 million, purchasing all outstanding CafePress stock for $1.48 per share in cash. [8] The buyout was completed in November of that year. [9] Company founder Fred Durham left the company when the buyout was complete. [10]
In February 2019, CafePress suffered a data breach. The exposed data included 23 million unique email addresses, with some records also containing names, physical addresses, phone numbers, and security question/answer pairs. Over 180,000 records contained social security numbers. A 2022 FTC complaint alleged that CafePress was negligent in its security practices and failed to promptly notify customers after it became aware of this breach, and instead waited until security researchers disclosed it publicly. [11] [12] CafePress was ordered to pay US$500,000 after the 2019 data breach. [13] The Federal Trade Commission announced the settlement and along with payment to those affected, [14] must report its security measures to a third party. [15]
On September 1, 2020, PlanetArt acquired CafePress from Shutterfly's business unit, Snapfish, a San Francisco-based company. [16] Part of this transaction included Cafepress changing its name to Residual Pumpkin Entity but still operates CafePress branded websites as such. [17] [18]
CafePress, Inc. has its flagship brand, CafePress.com. CafePress, Inc. also partners with other businesses to provide licensed content on their site, and power online custom shops for large companies, such as ABC, Urban Outfitters and Peanuts Worldwide.
Experian is a multinational data analytics and consumer credit reporting company headquartered in Dublin, Ireland. Experian collects and aggregates information on over 1 billion people and businesses including 235 million individual U.S. consumers and more than 25 million U.S. businesses. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Experian is a partner in USPS address validation. It is one of the "Big Three" credit-reporting agencies, alongside TransUnion and Equifax.
Equifax Inc. is an American multinational consumer credit reporting agency headquartered in Atlanta, Georgia and is one of the three largest consumer credit reporting agencies, along with Experian and TransUnion. Equifax collects and aggregates information on over 800 million individual consumers and more than 88 million businesses worldwide. In addition to credit and demographic data and services to business, Equifax sells credit monitoring and fraud prevention services directly to consumers.
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Intuit Inc. is an American multinational business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi. Intuit's products include the tax preparation application TurboTax, the small business accounting program QuickBooks, the credit monitoring and personal accounting service Credit Karma, and email marketing platform Mailchimp. As of 2019, more than 95% of its revenues and earnings come from its activities within the United States.
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Snapfish, LLC is a web-based photo sharing and photo printing service owned by Shutterfly based in San Francisco, California.
Shutterfly, LLC. is an American photography, photography products, and image sharing company, headquartered in Redwood City, California. The company is mainly known for custom photo printing services, including books featuring user-provided images, framed pictures, and other objects with custom image prints, including blankets or mobile phone cases. The company has a variety of subsidiaries including Tiny Prints, This Life, Treat, BorrowLenses, and Lifetouch.
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LifeLock Inc. was an American software company active from 2005 to 2017. The company was best known for its eponymous LifeLock identity theft prevention software, now sold by Gen Digital after the latter acquired LifeLock in 2017. LifeLock's system monitors for identity theft, the use of personal information, and credit score changes.
Rackspace Technology, Inc. is an American cloud computing company based in San Antonio, Texas. It also has offices in Blacksburg, Virginia and Austin, Texas, as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands, Germany, Singapore, Mexico and Hong Kong. Its data centers are located in Amsterdam (Netherlands), Virginia (USA), Chicago (USA), Dallas (USA), London (UK), Frankfurt (Germany), Hong Kong (China), Kansas City (USA), New York City (USA), San Jose (USA), Shanghai (China), Queenstown (Singapore) and Sydney (Australia).
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GoTo Technologies USA, Inc., formerly LogMeIn Inc., is a flexible-work provider of software as a service (SaaS) and cloud-based remote work tools for collaboration and IT management. The company was founded in 2003, and is based in Boston, Massachusetts. On February 2, 2022 the company was rebranded from LogMeIn to GoTo.
PNI Digital Media, Inc. is a company that operates an enterprise-class e-commerce platform which allows retailers to provide print-on-demand personalized products and services to their customers. Retailers who license the PNI platform use PNI's software to offer photo prints, photo gift merchandise, small business marketing products, document printing services and other print-on-demand merchandise.
Twilio Inc. is an American cloud communications company based in San Francisco, California, which provides programmable communication tools for making and receiving phone calls, sending and receiving text messages, and performing other communication functions using its web service APIs.
Kiteworks, formerly known as Accellion, Inc., is an American technology company that secures sensitive content communications over channels such as email, file share, file transfer, managed file transfer, web forms, and application programming interfaces. The company was founded in 1999 in Singapore and is now based in San Mateo, California.
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Snowflake Inc. is an American cloud computing–based data cloud company based in Bozeman, Montana. It was founded in July 2012 and was publicly launched in October 2014 after two years in stealth mode.
The Edgewell Personal Care Company is an American multinational consumer products company headquartered in Shelton, Connecticut. It was formed in 2015 following the corporate spin-off from Energizer Holdings. Edgewell Personal Care was formed by the renaming of the original Energizer Holdings; Energizer's battery business was then spun-off as Energizer Household Products and then renamed Energizer Holdings.
Heine Brothers' is a coffee roaster and coffee shop chain founded in 1994 by Gary Heine and Mike Mays in Louisville, Kentucky. Mays is President of the company.
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