Paddle Closes $3.2M Series A Funding

paddlePaddle, a London, UK-based e-commerce platform for software and digital businesses, closed a $3.2m Series A funding.

The round was led by BGF Ventures with participation from Spring Partners.

The company intends to use the funds to hire engineers and sales teams.

Founded in 2012 by Christian Owens, Paddle provides a checkout, e-Commerce, marketing and analytics platform for developers to sell software globally, acquire customers, manage “free trial” periods and recurring billing, handle customer support, international sales taxes, etc.

The company has a team of 16 and overĀ 400 customers.

FinSMEs

28/09/2016

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