Online graphic design marketplace: 99designs has acquired LogoChef: stakes and opportunities.

99designs , progressively develops its presence across the world. In fact, since the acquisition last year of 12Designer, and localizing in five local languages, Connectikpeople has observed that, the group is on a good curve.   

Henceforth with LogoChef, and 99designs.com.br on its portfolio, 99designs is taking the next step in its globalization strategy.

Connectikpeople may recall that, LogoChef is 99designs’ second acquisition; in August 2012, 99designs acquired Berlin-based European design marketplace 12Designer. The acquisition and new
site are part of 99designs’ expansion strategy in Latin America, which kicked off in March 2013 with the launch of Spanish-language versions of 99designs in Mexico, Argentina, Colombia and Chile. LogoChef co-founder Dan Strougo has been named 99designs’ Country Manager for Brazil, and will oversee the company’s efforts from its Rio de Janeiro office.

In addition, in conjunction with the introduction of 99designs.com.br, 99designs has partnered with Startup Circuit Brazil to provide special promotions for its members.

For those who unfamiliar, Startup Circuit organizes dozens of networking events annually in cities across Brazil to bring together entrepreneurs, startups, investors and accelerators.

In its assets, 99designs has hosted more than 235,000 graphic design contests for startups, small businesses and other organizations worldwide since its founding in 2008. In the same period, the company has paid out more than $60 million to its global community of more than 245,000 graphic designers. Earlier this month 99designs launched Swiftly, a first-of-its-kind, flat-fee service for small design tasks.

About 99designs

99designs is the world's largest graphic design marketplace, connecting businesses looking for design work with more than 240,000 graphic designers from 192 countries around the world. Businesses can source graphic design work quickly and affordably by launching design contests to the community, working via 1-to-1 Projects with individual designers, or purchasing design templates from 99designs' readymade logo store. 99designs also runs Swiftly, a new site and service that helps customers get small design tasks done quickly and effortlessly. 99designs was co-founded by serial entrepreneurs Mark Harbottle and Matt Mickiewicz (SitePoint, Flippa), and is backed by Accel Partners and angel investors Michael Dearing (eBay, Harrison Metal), Dave Goldberg (Survey Monkey), Stewart Butterfield (Flickr, Tiny Speck) and Anthony Casalena (Squarespace).