Congrats go out to our friends at IdeaPaint!
Cambridge-based IdeaPaint just announced that their award-winning dry erase paint is now available at 365 Lowes locations from Virginia to Maine. IdeaPaint has been growing tremendously since it’s launch in 2008, securing $5M from locally-based Breakaway Ventures in 2008 and closing a second $3.3M round back in February. Their product was also featured on ABC’s popular Extreme Makeover: Home Edition. As the first major agreement with a “big box” retailer, the deal with Lowe’s represents a huge milestone for the company, founded by three Babson College alumni.
“Our retail launch with Lowe’s for our ‘HOME’ dry-erase paint is the culmination of years of work spent spreading the word and fortifying loyal customer support for IdeaPaint — painting the walls of everyone who would let us,” says Jeff Avallon, co-founder of IdeaPaint, on their blog.
