Etsy Gets Funded by Web’s All-Stars

Etsy, the online marketplace for handmade items, received a small funding round last week. The participants included Flickr founders Stewart Butterfield and Caterina Fake, del.icio.us founder Joshua Schachter, Albert Wenger (former president of del.icio.us) and Union Square Ventures. The money is going towards a redesign, some new hires and managing Etsy’s growth. But the gesture itself is more significant: the web’s all stars think Etsy is a winner.

Link