Spoonflower, a Durham-based startup focusing on delivering custom fabrics, wallpaper and even gift wrap through on-demand technology, is stitching together major expansion plans after landing $25 million in capital. And in landing the funding, Spoonflower is bringing a new investor to North Carolina.

Spoonflower has already been growing rapidly, cracking the latest Inc. 5000 list with revenues soaring 469 percent over the past three years to reach $15.2 million.

It’s the first institutional financing for the startup, which has grown quickly over the past seven years largely by bootstrapping. The firm already employs 150 people and will now expand overseas with an office in Berlin.

Spoonflower burst onto the local startup scene in late 2008 by landing a $45,000 grant from economic development group NC IDEA. The company has claimed from the start to be the first Internet-based deliverer of custom fabrics.

From the beginning, Spoonflower declared: “Offering on-demand printing technology, the new company focuses on fabric products. Customers upload their own designs at Spoonflower’s Web site and print on a variety of fabrics. There is no minimum order.” The company was originally based in Mebane.

The big funding infusion is being announced later Wednesday.

Backing Spoonflower is Durham-based Bull City Venture Partners.

Leading the round is North Bridge Growth Equity, which is based in Boston. It manages $3.8 billion in capital. The deal is the first for North Bridge in the state. The firm is affiliated with North Bridge Growth Ventures.

Stephen Fraser and Gart Davis, the co-founders of the company, left executive positions at self-publishing firm Lulu to launch Spoonflower in 2008.

The two have big plans for the funds, planning to expand its internal resources and also add more new products.

“Digital textile printing is finally coming of age,” Davis said.. “The time is right to invest in growth and to bring on a partner like North Bridge, who shares our optimism about the opportunities to transform an industry through on-demand manufacturing.”

Citing data from InfoTrends, Spoonflower says the market for digitally printed fabrics is now more than $12 billion a year worldwide – and that represents a mere 1 percent of the textile market.

So Spoonflower’s leaders and its investors see plenty of growth opportunity, especially as fabric manufacturers move toward customized printing. InfoTrends projects 35 percent or more growth a year through 2018.

As part of the investment, two North Bridge executives will join Spoonflower’s board: partner Russ Pyle and principal Holly Maloney.

David Jones of Bull City Venture Partners, will join the board as an observer.

“We are excited to partner with the team at Spoonflower and be their first institutional investor,” said Pyle in the funding announcement. “Our investment will support continued rapid growth as they address related opportunities in the textile market, such as home goods and apparel.”

Added Maloney: “We love Spoonflower’s passionate and engaged relationship with its loyal customer community, which is unique,” adds Maloney. “The Company’s proprietary technology, process know-how and organic branding have positioned Spoonflower as a market leader with numerous options to execute against in this next phase of growth.”

North Bridge and Spoonflower executives first met at the 2014 Tech Venture Conference.