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…

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