Commerce Guys Raises $7.3M in Series B Venture Funding

Platformsh-and-Commerce-Guys-logosCommerce Guys, the Paris, France- Ann Arbor, Michigan-based creator of Drupal Commerce, raised $7.3m in Series B venture funding.

The round was led by Hi Inov, with participation from existing investors ISAI, Alven Capital and Open Ocean Capital. In conjunction with the funding, Valérie Gombart, Director General Hi Inov, joined Commerce Guys’ board of directors.

The company intends to use the funds to accelerate the launch of Platform.sh, a recently launched cloud development and hosting solution by Commerce Guys, enabling a boost in sales and marketing efforts.

Led by Frédéric Plais, Chairman and CEO, Commerce Guys provides is the creator of Drupal Commerce, an eCommerce solution integrating commerce, content and community to create engaging that powers more than 38,000 active sites in the world, including sites like Cartier, Eurostar, Guerlain, Lush, NBC Universal, Royal Mail, and Stanford University.
Its newly launched Platform.sh is a continuous delivery cloud hosting solution developed by Commerce Guys, a continuous delivery & development cloud hosting solution for eCommerce sites to change their site quickly, without worrying about issues related to the administration system.

FinSMEs

02/06/2014

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06/03/2012: Commerce Guys Raises $5M in Series A Venture Funding

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