Bigcommerce, the Leading E-commerce Platform for Small Businesses has Just Secured $20 million
Every small business faces the hurdle of creating a strong website to represent its brand and trying to jump over that hurdle can sometimes be very tough, from trying to find the right web developer to deciding how much to spend, to sifting through countless sites that help business developers create their own sites. Go through all of that can be a very stressful experience but Bigcommerce, the leading e-commerce platform for small businesses has figured out how to make that process smooth and simple by helping businesses launch there in hours.
The e-commerce platform just announced it has secured $20 million in Series B funding led by existing investors General Catalyst Partners and joined by new strategic investor, Mike Maples of FLOODGATE, bringing the company’s total venture capital funding to $35 million. The funding will allow the company to further expand accelerated product development and create significant expansion of the sales and marketing teams.
In addition to the news of their recent funding, the e-commerce platform has also announced a major brand overhaul in an effort to make business software simpler to use by redesigning their Web site, adding an app store and creating a new company logo and tagline, ‘Sell More’.
Bigcommerce was cofounded in 2009 by Mitchell Harper and Eddie Machaalani and with over 1,000 percent growth in SaaS (software-as-service) revenue since launching, it has become the fastest-growing e-commerce platform in the world. It has already doubled its global employee base this year and plans to increase its staff by 70 percent over the next two years. Its existing clients include Gibson Guitar, Pandora Jewelers, and Collette Dinnigan.
The site is has allowed small- and medium-sized businesses to sell more and take advantage of the boom in e-commerce, so as it continues to expand, their should be no surprise to see more and more savvy entrepreneurs who want to grow on the web join the platform as they seek success online with their businesses.
By: Ashley Paintsil