The e-commerce API provider plans to use the proceeds from the Rewe Group-backed round to expand internationally.
Germany-based e-commerce software provider Commercetools raised $140m in a series C round featuring retail and tourism company Rewe Group yesterday. Venture capital firm Accel led the round, which was filled out by growth equity firm Insight Partners and which valued the company at a reported $1.9bn. Commercetools provides a suite of about 300 e-commerce application…
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.