Commerce Guys, a Jackson, MI-based eCommerce company working with Drupal, has raised $5m in its Series A venture funding.
The round was led by Paris-based investment firm Alven Capital, with participation from Espoo, Finland-based Open Ocean Capital, and Paris-based ISAI, which provided an initial seed round in 2010.
The company intends to use the funding to to expand the Drupal Commerce technology and ecosystem,
adding 30 staff members in the coming months, half of them in their Michigan-based North American headquarters. It currently has 37 employees split between the United States and its European headquarters in Paris.
Led by Mike O’Connor, co-founder and president of North America, Commerce Guys has created Drupal Commerce, an open-source framework now in use in over 10,000 websites worldwide, which offers several capabilities, including the ability to upload catalogs of merchandise, accept payments online, integrate with shipping services and interact with customers.
The company also provides retailers with a range of services and support to fully leverage and customize Drupal for eCommerce.
FinSMEs
06/03/2012