Volusion Secures $55M in Financing
Summary
Volusion, an Austin, Texas-based provider of ecommerce software and services, secured a $55m in financing.The round was led by Main Street Capital Corporation.The company intends to use the funds for the development of its enterprise platform, Mozu, while further advancing its small-to-medium-sized businesses (SMB) platform, Volusion.Led by Clay Olivier, CEO, Volusion provides commerce solutions for all business types, ranging from startups to large enterprises, to connect to technology that empowers their business.The organization’s product portfolio includes the Volusion platform, designed for entrepreneurs and small-and-medium-sized businesses (SMBs), and the Mozu (API-first) platform, which is built for the large enterprise market.
Funding
Amount
$55.0M
Total raised
Date
January 29, 2015
Announcement date
Investors
Main Street Capital Corp
Lead investors
Company
http://www.volusion.com
Funded company
Classifications
industries
Fintech & Banking
applications
E-Commerce & Retail
AskAI Classifications
Labels
Ecommerce Software
SaaS
Online Store Builder
Linked Companies
Volusion
$10M to $25M