Facebook Commerce Provider Ecwid Tops 500K Merchants, Closes $5M Funding Round
Facebook commerce provider Ecwid announced that it has topped 500,000 registered merchants worldwide and closed a $5 million series-B investment round.
Facebook commerce provider Ecwid announced that it has topped 500,000 registered merchants worldwide and closed a $5 million series-B investment round.
The funding round was led by iTech Capital, with participation from series-A funding provider Runa Capital. Ecwid said the money will go toward enhancing its mobile and social commerce products, expanding its global distribution partner network, and bolstering its sales and marketing teams.
The company also announced plans to integrate its ecommerce solution with the point-of-sale systems of small and midsized businesses.
In addition, iTech Capital Managing Partner Gleb Davidyuk was added to Ecwid’s board of directors.
Ecwid
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