I paid about the same and was happy with the results.
One more note for people considering 99designs. You can increase your award even after you start the project. Meaning, you can try out the Bronze level design for $299 and hope to get lucky but then raise your prices when you see the generic designs flow in.
When I say generic designs, I mean the designer will take what is essentially clip art and change some curves, colors, and lines to give you a "custom" logo.
Again, that might be good for what you're looking for but at least now you have your expectations set properly.
One more note for people considering 99designs. You can increase your award even after you start the project. Meaning, you can try out the Bronze level design for $299 and hope to get lucky but then raise your prices when you see the generic designs flow in.
When I say generic designs, I mean the designer will take what is essentially clip art and change some curves, colors, and lines to give you a "custom" logo.
Again, that might be good for what you're looking for but at least now you have your expectations set properly.