Intel Capital and Practica Capital Invest in CGTrader

Dear Community,

We are very excited to announce today that we have raised a funding round from Intel Capital and our existing investor Practica Capital.

Just two years ago, our small start-up had the outrageous idea of establishing a designer-friendly marketplace for buying and selling 3D models. You – our community members believed in this vision and made it yours.

We started last year with around 1,000 users and 8,000 3D models. More than 30,000 professional 3D designers joined CGTrader over 2013 alone. Digital library of 3D models grew more than five times – and reached 45,000 models in the end of 2013. And this is not going to stop, of course!

So what does that mean to you? With the backing of Intel Capital and Practica Capital, we will have more power to expand CGTrader marketplace and community: more models, more sales, and more 3D designers. CGTrader has become a worldwide-known source for high-quality 3D models and our aim is to become even more visible and versatile in 2014.

We also believe that every 3D designer is currently facing a huge opportunity: 3D printing. It is expected that about 100,000 desktop 3D printers will be sold in 2014 - and much more over the next 10 years. All of these printers will need 3D models – and that is where we (and you) step in. 3D printing will enable any 3D designer with a brilliant idea of a physical product to easily reach the homes of millions of consumers worldwide – no storage, no retail chains, no shipping. We are here to help you take advantage of this opportunity.

Let’s stay together. Let’s grow together!

Marius Kalytis & CGTrader Team