Shopgate Completes a High Seven Digit Dollar Series B Financing

Shopgate, a Butzbach, Germany-based mobile commerce platform, completed a high seven digit dollar Series B financing.

Backers included Northcap and Creathor Venture from Germany.

The company intends to use the funds to further expand worldwide, strengthen its continue to develop its technology, enter into strategic partnerships and grow its team of m-commerce experts.

Founded by CEO Andrea Anderheggen, Ortwin Kartmann and Dieter Kartmann, Shopgate provides tools to create individual mobile shopping websites as well as native shopping apps for iPhone, iPad and Android.
The company, which serves more than 5,000 merchants in five countries, has over 80 employees in Butzbach and
Berlin, Germany, Zurich, Switzerland, and Palo Alto, United States.



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