News from the ecommerce and digital retail technology industry, from vendors, retailers and brands.
September 30th, 2020. VTEX, a member of our ecommerce platform shortlist, today announced that it has received an additional $225m in funding from private equity investors including Tiger Global, Lone Pine Capital, Constellation, Endeavour Catalyst and SoftBank. Co-CEOs Mariano Gomide de Faria and Geraldo Thomaz…
September 30th, 2020. commercetools, a member of our ecommerce platform shortlist, has announced its ecommerce platform has been deployed by ModCloth, the online fashion brand bought from Walmart by Go Global Retail in 2019. ModCloth was founded in 2002 and is headquartered in Los Angeles, California…
September 24th, 2020. Trouw Nutrition, a Eur 3.9b revenue subsidiary of Nutreco, is an animal feed manufacturer and distributor based in Amsterdam. They have announced they have gone live with a new B2B ecommerce solution based on Intershop, a member of our ecommerce platform shortlist,…
September 22nd, 2020. Mirakl, the ecommerce marketplace software solution provider, announced they have received an outside investment of $300m from new investor Permira as well its existing private equity owners. The investment has valued the marketplace provider at $1.5bn. Permira is also an investor in…
September 14th, 2020. Dutch cyber-security services firm, Saguine Security ("Sansec"), based in Utrecht, reported that almost 2,000 Magento ecommerce stores were hacked over the weekend between Friday Sep 11th and Monday Sep 14th. The stores were running the, now end of life, version 1 of…
September 10th, 2020. Elastic Path announced the appointment of Riccardo La Rosa as SVP Engineering and Operations, moving from a role as VP Cloud Engineering with Acquia the content management system vendor and digital marketing services provider. The announcement comes just days after Jamus Driscoll…
September 9th, 2020. VTEX, a member of our ecommerce platform shortlist, announced it has been selected by bisco industries (electronic components and fasteners serving customers in aerospace, electronics and hi-tech sectors) as its new B2B ecommerce platform and this is live for both B2B and…
September 9th, 2020. BigCommerce reported its Q2 results today, with revenue up 33% compared to 2019 at $36.3m, with a GAAP loss of ($7.4m) compared to ($10.4m) in the same period last year. It reported 9,378 customers (up 7% compared to 2019) are now paying…