Onestop Internet Inc., a Rancho Dominguez, CA-based e-commerce service provider, received a $9.15m strategic investment from private equity firm Fung Capital USA.
The company intends to use the capital to expand and scale its business, particularly on the international front.
Fung Capital USA, which is the private investment arm of the families of Victor Fung and William Fung, the Chairman and Group Managing Director of Li & Fung Ltd., will join Bessemer Venture Partners.
founded in 2004 by CEO John Tomich, Onestop offers outsourced retail e-commerce development and management with a customized, brand-centric approach. Strategic and logistical services are designed to support client growth, and include marketing & merchandising, site design, customer service, product photography, and warehousing and fulfillment.
Clients include Seven for All Mankind, True Religion Brand Jeans, J Brand, Rag & Bone, Paul Frank, Nicole Miller, Splendid, William Rast and Ella Moss.