Savtira Corporation, a Tampa, Florida-based provider of B2B Cloud Commerce solutions, has closed an equity funding round of undisclosed amount.
Investors include, among the others, Sir Michael Marshall, chairman of Marshall of Cambridge (Holdings) Ltd.
The company intends to use the funds to develop and deliver its Cloud Commerce platform.
Led by CEO Tim Roberts, Savtira provides a Software-As-A-Service (SaaS) e-commerce platform for the distribution, marketing, merchandising, and sale of both digital media and physical goods in a single store and a single, unified shopping cart.
Savtira recently closed its first major contract to develop and deliver its Cloud Commerce platform for tablet devices from Tabulous Cloud LLC, a wholly-owned subsidiary of NexBoom Universe.
The company’s Digital catalog includes products with physical goods such as consumer electronics, as well as digital media goods such as movies, video on-demand, internet TV, software, internet radio stations, eBooks, audiobooks and games, and music.