Former DoubleClick CEO Takes the Reins at Benchmark Capital-Backed 1stdibs

11/7/11Follow @jpruth

David Rosenblatt has taken a seat in the chief executive’s office again, this time at online luxury marketplace 1stdibs in New York. Rosenblatt, former CEO of DoubleClick, was appointed CEO of 1stdibs on Nov. 3 in conjunction with an undisclosed investment from Benchmark Capital. Rosenblatt says this is 1stdibs’s first outside funding since its founding in 2001.

1stdibs sells high-end antiques, estate jewelry, and furniture from dealers. “Our customers are decorators and prosumers [professional consumers],” Rosenblatt says. Others are welcome to shop at 1stdibs—if, for example, they are ready to drop $18,900 for a set of Harry Winston Tahitian pearl, diamond earrings.

Rosenblatt says he was drawn to the market opportunity that 1stdibs has as a seller of hard-to-get luxury items. He will remain as chairman of Group Commerce and retain his seats on the boards of Twitter and IAC. Matt Cohler, general partner with Benchmark, also joined the board at 1stdibs in conjunction with the investment.

Rosenblatt was CEO of DoubleClick, a provider of online ad management … Next Page »

João-Pierre S. Ruth is the editor of Xconomy New York. He can be reached at jpruth@xconomy.com and followed on Twitter @jpruth. Follow @jpruth

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