Bigcommerce, an ecommerce platform based in Austin, announced it has raised $50 million led by Softbank Capital. Other investors in the Series D funding included Telstra Ventures and American Express as well as existing investors General Catalyst and Revolution Growth. Steve Murray, a partner at SoftBank Capital, will join the Bigcommerce board. The company has […]
Volusion Completes $35 Million in Debt Financing
January 13, 2014 by Leave a Comment
Volusion announced the completion of $35 million in debt financing to expand its ecommerce software and services. The Austin-based company secured the line of credit from Silicon Valley Bank. The company plans to use the money to further develop its software platform and to hire product, support, sales, marketing and IT workers. The company decided […]
Bigcommerce Raises $40 Million from Revolution Growth
July 25, 2013 by 3 Comments
Bigcommerce, a site that lets anyone create an online store, raised $40 million from Revolution Growth. Steve Case, co-founder of the Revolution Growth fund and founder of America Online, will also join Bigcommerce’s board. The Austin-based company, founded by Eddie Machaalani and Mitchell Harper in 2009, has raised $75 million to date. Bigcommerce’s software has […]
