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Etsy Nabs Ex Google Exec

  • BoomTown, Friday, August 27, 2010 2:03 PM
Crafts e-commerce site Etsy has nabbed former Google international exec Adam Freed as its new Chief Operating Officer. As BoomTown notes, the prize appointment comes on the heels of another $20 million in venture funding. Index Ventures is participated in the new round, which also included existing investor Accel Partners, Union Square Partners and Hubert Burda Media are also investors, as well as Flickr co-founder Caterina Fake.

Since its debut back in 2005, Etsy has raised almost $52 million. The company now has a valuation of more than $300 million. "Freed brings more solid management with a global flavor to Etsy, having been a director of international product management at Google," notes BoomTown. Freed left Google two years ago.

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