RPI Raises $5 Million in Second Round of Financing
RPI will use the additional funds to accelerate its strategic growth plan, which has enabled the company to build a leading position in the rapidly growing consumer market for personalized products, such as photo books, calendars and greeting cards.
“During the last 12 months, RPI has successfully put in place a business plan that will enable it to disrupt the market for personalized consumer make-on-demand products,” said Dave Gens, RPI’s executive vice president. “In Riverlake Partners, we’ve found a partner that has specialized expertise in the consumer manufacturing and business services sectors that helps propel its portfolio companies to the next level. Together, we can capitalize on the tremendous opportunities within the booming customization market.”