Ecwid Lands $5,000,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a37e3269-c5f2-4344-a135-2ba1d8b49ea9
Date
5/29/2014
Company Name
Ecwid
Mailing Address
144 West D Street Encinitas, CA 92024 USA
Company Description
The core of Ecwid team was involved in production of X-Cart, bringing 12 years of experience from world’s first PHP shopping cart to development of Ecwid the next generation of e-commerce software.
Website
http://www.ecwid.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Series B
Proceeds Purposes
Proceeds will be used to accelerate its rapid growth which has surpassed 500,000 registered merchants worldwide.
M&A Terms
Venture Investor
Venture Investor