Fancy attracts $53M

Fancy attracts $53M Competitor of Pinterest, the company Fancy announced about fundraising in amount of $53M having the appraised value of $600M (according to Bloomberg agency).

Fancy is a service for publications and sales of photos without entering other sites. At that not only photos are published but images, that are provided by e-commerce companies with an picture of an offered product.

Investors` list of the round includes American Express, Len Blavatnik, Will Smith, the president of AmEx Edward Gilligan, Jack Dorsey, Francois-Henri Pinault and Chris Hughes.

List of company`s investors also includes a lot of other notable investors (Marc Andreessen, Ben Horowitz, Esther Dyson, Bob Pittman, Maynard Webb, Eric Eisner, Jeff Samberg, Ashton Kutcher).

Information about how the company is intended to spend attracted funds is not disclosed yet. Nevertheless, last month the company announced about delivery service all over the world introduction, that is part of funds will be spend on international widening financing.