Wednesday, September 5, 2012

Bigcommerce Expands With $20M

Bigcommerce, the developer of e-commerce software for the small and medium sized business market, has scored a $20M, Series B funding round, the company announced this morning. The Austin firm, which was co-founded by Eddie Machaalani and Mitchell Harper, said the funding was led by General Catalyst Partners, and also included new strategic investor Mike Maples of FLOODGATE. The new round brings the company's total raised to $35M in funding. Bigcommerce develops software which allows SMBs to launch a professional, online store. More information »