Benchmark Leads Investment in Online Stationery Site Minted

Online stationery store Minted has secured $5.5 million in a second round of venture funding today. The round was led by Peter Fenton of Benchmark Capital, with IDG Ventures and Menlo Ventures, Marissa Mayer of Google and Jeremy Stoppelman of Yelp also participating. The capital will be used for recruiting and for new product lines. Minted is focused on printing custom greeting cards, wedding cards and other paper products, sourced from a community of independent graphic designers.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald