A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – ECOMMERCE ENABLERS
- Shoppimon, an Israel-based application performance management platform, closed $2.3M in seed funding. Link
- Wipro Ventures invested an undisclosed amount in Emailage, a US-based intelligent fraud risk assessment company. Link
- Delhi-based KartRocket, a do-it-yourself (DIY) e-commerce enabler platform for Indian retailers and SMEs, raised $2M from a Japanese investor. Link
- Private Equity group EQT has taken a majority stake in Sitecore, the Danish customer experience management software company. Link
- LA-based Fullscreen has acquired engagement marketing software and technology developer, StageBloc and will rename it Fullscreen Direct. Link
SOME INTERESTING STARTUPS FOUND
Shot & Shop (2015, SF) An app-based real-time visual search engine with patented image recognition retrieval algorithms that help retailers to create traffic and monetize photos with visual content digital ads.
Showefy (2015, Milan) Provides a web portal for online furniture sale and also offers an AR app for visualisation.
LEADER BOARD – ECOMMERCE ENABLERS
Symphony Commerce (2011, SF, $
Shopify (2004, Ottawa, IPO) Cloud-based, multi-channel
Bigcommerce (2009, Austin, $
Volusion (1999, Austin, $90M)
Magento (2008, LA, $22.5M, Acq.) Open sourced storefront builder for eCommerce retailers which enable merchants and brands to have control over the look, content, SEO, digital marketing and functionality of their online storefronts. Acquired by eBay in 2011.
Backend – Logistics
Gigya (2006, Mountain View, $106M) Customer identity management suite for personalization through social login, Registration-as-a-Service, social plugins and gamification. Backed by DAG Ventures, Benchmark Capital, Intel Capital and more.
Analytics
ClickTale (2006, Ramat Gan, $60M) Customer experience analytics platform enabling e-businesses to have an insight into their clients’ online behaviour. Backed by Amadeus Capital Partners, Goldrock Capital, YL Ventures.
Boomerang Commerce (2012, Mountain View, $20.5M) Provider of a guided-analytics suite for retailers. Backed by Shasta Ventures, Trinity Ventures, and Madrona Venture Group.
Slyce (2012, Toronto, IPO) Visual search solution provider for retailers. Backed by Beacon Securities, Salman Partners. Went IPO in 2015. Has a market cap of $29M.
Technology – Fitting
Metail (2008, London, $19.5M) Virtual fitting room technology provider for fashion retailers. Backed by New World Private Equity, TAL Group.
Bodylabs (2013, NYC, $14M)
Omni-commerce
Orderdynamics (2003, London, $
Orckestra (2006, Montreal, $
Fraud & Risk Management
Threat Metrix (2005, San Jose, $56M) Fraud prevention & context-based authentication solution. Backed by TVP, Tenaya Capital, August Capital, USVP.
Signifyd (2011, Palo Alto, $31M) Platform to protect e-commerce businesses from fraud and chargebacks. Backed by Menlo Ventures and more.
Payment- Gateway
BlueSnap (2001, Boston, $68M, Acq.) Provides a payment gateway to enable the checkout process for e-commerce merchants. Backed by Great Hill partners, Parthenon Capital Partners and more. Acquired by Great Hill Partners in 2011.
Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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