Shopgate Raises $15M in Series C Funding
Summary
Shopgate, Inc., a Butzbach- and Frankfurt am Main, Germany-based mobile commerce company, raised $15m in Series C funding.The company will use the funds for expansion in U.S. hiring 50 new staff for its Austin office.Founded in Germany by Andrea Anderheggen, Ortwin Kartmann and Dieter Kartmann in 2009, Shopgate provides a SaaS platform that enables online retailers to create, maintain and optimize native apps and mobile websites for the iPhone, iPad, Android smartphones and tablets.It features tools such as one-click payments, mobile coupons, push notifications, QR scanners and an ad scanner for images.Led by newly promoted CEO Marc Biel, the company has a team of more than 175 employees in Europe and the U.S.
Funding
Amount
$15.0M
Total raised
Date
February 25, 2016
Announcement date
Investors
Shopgate
Lead investors
Company
http://www.shopgate.com
Funded company
Classifications
industries
Fintech & Banking
applications
E-Commerce & Retail
AskAI Classifications
Labels
E-commerce Software
Mobile Shopping Apps
Omnichannel Retail Software
Linked Companies
Shopgate GmbH
$10M to $25M