Amplience Closes $1.4m Loan with Silicon Valley Bank

Funding Rounds

Summary

Amplience, a New York- and London-based provider of rich media production technology for ecommerce, closed a $1.4m growth capital term loan with Silicon Valley Bank.The company intends to use the funds to continue for further U.S. expansion and enhancement of its Adaptive Media Platform (AMP), such as the recently launched integration with the new IBM WebSphere Commerce system.Led by James Brooke, CEO, Amplience Amplience provides global brands and retailers with an Adaptive Media Platform to build responsively designed websites which work across multiple screens and devices to create multi-channel campaigns with rich customer experiences and drive omni-channel revenue growth.Customers include Sweaty Betty, a women’s active wear retailer, luxury fashion provider Jimmy Choo, cosmetics manufacturer L’Oreal and fashion brand Alexander Wang.FinSMEs 17/03/2014 Related News 30/07/2013: Amplience Receives £3.7M in Second Funding

$ Funding

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Amount $1.4M Total raised
Date March 17, 2014 Announcement date
Investors SVB Capital Lead investors
Company http://www.amplience.com Funded company

Classifications

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applications
Web and Content Management

AskAI Classifications

Labels
Content Management System SaaS Headless CMS

Linked Companies

Amplience
$10M to $25M