BigCommerce, the ecommerce and online shop provider for merchants, has successfully attracted $64 million in new investment. The funding round was led by Goldman Sachs and includes money from current investors General Catalyst, GGV Capital and Tenaya Capital. The new round means that all told BigCommerce has now raised more than $200 million to fund the business.
They say of the fundraising:
Our mission is to help every business selling online maximize success through the benefits of SaaS. Ecommerce is constantly evolving, and brands need technologies that allow them to stay current and competitive. With this funding, we will continue investing aggressively in our platform, technology and team to serve customers’ needs at every phase of their growth.
– Brent Bellm, CEO of BigCommerce
Bigcommerce has enjoyed recent success with improved partnerships with Amazon, eBay, Facebook, Google, Instagram, Square and PayPal. Since being founded in 2009, it has grown to become one of the industry’s most popular and fastest-growing SaaS ecommerce platform serving big online retailing brands and smaller merchants alike. They say that more than 60,000 merchants across 120 countries are powered by the platform, including Avery Dennison, Ben & Jerry’s, Gibson, Paul Mitchell, Sharp, Skullcandy and Sony. To date, merchants selling with BigCommerce have apparently processed more than $17 billion in sales.
BigCommerce is clearly going great guns and should be a service under consideration from ecommerce merchants who want to open their own ecommerce store and expand online. It’s one of those big choices that a merchant faces: who should we turn to to build our new online stand-alone shop?
This new money is a massive vote of confidence in the system. And we have written recently about how they have also expanded their services onto Instagram and Google Shopping.
But we are always interested to hear from readers: how does it serve you and would you recommend it to other merchants?
