Etsy Buys Grand St.

Etsy has acquired Grand St., which sells indie electronics online. The company had raised $1.3M in seed funding from First Round Capital, Betaworks, Quotidian Ventures, Mesa+, and angel investors. The company was about to raise its next round of funding. Grand St. says that there’ll be very little change in the site post acquisition. Link

Edit: Re/code says the company went for less than $10M

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