Akeneo, a Boston, MA-based provider of open-source product information management (PIM) software, raised $13m in funding.
Backers included Partech Ventures and Alven Capital.
The company intends to use the funds to double its R&D team and to accelerate international sales.
Co-founded in France in 2013 by CEO Frédéric de Gombert, engineering lead Nicolas Dupont, CTO Benoit Jacquemont and Yoav Kutner, Akeneo has created a collaborative open source platform to optimize product information management for manufacturers and ecommerce companies to centralize, synthesize, translate, and control the quality of their product information, enhance SEO, and improve productivity,
The company has operations in the U.S., France, and Germany.