Wednesday, April 25, 2018

BigCommerce Raises $65M More

Austin-based e-commerce software developer BigCommerce has raised a big new round of funding, worth $64M, the company said this morning, in a funding led by Goldman Sachs. According to BigCommerce, the new growth equity funding also included its current investors, General Catalyst, GGV Capital and Tenaya Capital. BigCommerce has now raised an astounding $200M in total funding. According to BigCommerce, the funding will go to accelerate its product roadmap, growth initiatives, and international expansion. The company's software is used by online retailers, big and small, for managing their e-commerce stores. The company says its clients include such well known brands as Avery Dennison, Ben & Jerry's, Gibson, Paul Mitchell, Sharp, Skullcandy and Sony. More information »