Second Round of Financing, Worth $5 Million, for RPI
SEATTLE—RPI, which specializes in manufacturing and fulfillment for the consumer make-on-demand printed products market, has closed a second financing round of $5 million with Portland, OR-based Riverlake Partners as the lead investor. Huntington Capital, of San Diego, furthered its commitment to RPI by also participating in this round of financing.
RPI will use the additional funds to accelerate its strategic growth plan, which has enabled the company to build its position in the rapidly growing consumer market for personalized products, such as photo books, calendars and greeting cards. As part of its investment, Riverlake Partners’ Victor Petroff joins RPI’s board of directors as chairman.