Brendan Boyd, a San Diego Internet entrepreneur, gave me an update today on the venture we discussed last April, when Boyd and his partners were developing ideas for a website that enables users to sell merchandise through multiple online venders.
The website that Boyd had created with partners Jan Anton and Eric Jacobson was in beta development at the time, and they also had decided to rename the business. They had started the business as iSelfStore.com, which only reflected half of their business model—an online hub that helps users to keep an inventory of their belongings.
So they changed the name of their San Diego-based startup to Onemarketplace, which better reflects the higher-value part of their online business, which enables users to put their items up for sale on multiple e-commerce sites at the same time. Their Web-based application enables someone to fill out a single form at Onemarketplace.com, and sell items simultaneously on eBay, Amazon, Craigslist, Oodle, OLX, and Vast. Users also can sell merchandise through online classifieds at AOL, Facebook, and MySpace, and promote their listings on social networks like Twitter and Facebook.
Boyd says they launched Onemarketplace.com on Sept. 14, and Web traffic has been rising steadily since then. “We re-branded the business and re-did the whole look and feel of the website,” Boyd says.
The partners have continued to put their own money into the venture, Boyd says. While he told me in April that they were seeking between $250,000 and $500,000 in angel funding, Boyd now says they have stopped actively seeking investors.