Four51 collects $5 mln
Summary
February 2, 2016 – MINNEAPOLIS, MN – Four51, which powers B2B eCommerce for over 10,000 businesses and nearly 20 million users, today announced it has closed a five-million dollar funding round from three private technology investors. “Market factors, the response we’ve received from the recent opening of our OrderCloud platform and the resulting business forecast indicate that the company is at the beginning of a period of hyper growth,” said CEO, Mark Johnson. “To meet the increased demand while continuing to maintain high service levels, we determined the need for, and successfully executed raising, approximately five-million dollars of additional growth capital. Four51’s technology and approach is a faster, better way to achieve this, and it’s exactly what the now-millennial-led workforce is demanding.” In addition to the funding and projections for staff growth, Four51 continues to expand its OrderCloud customer base with recent wins of Bachman’s, an online and offline retailer focused on floral, gift and garden, and Taylor Corporation, whose family of companies provides a diverse set of customer communication products, services and technologies that help businesses build memorable brands and operate efficiently. This now gives them access to the all-new OrderCloud Dev Center, a comprehensive online toolset dedicated to helping developers get up and running quickly with building and deploying B2B eCommerce solutions.
Classifications
AskAI Classifications
LabelsLinked Companies
