WebLinc, a Philadelphia, PA- and NYC-based provider of a commerce platform provider for online retailers, raised $6m in Series A financing.
Backers included Safeguard Scientifics (NYSE:SFE). In conjunction with the funding, Erik B. Rasmussen, Managing Director, Technology at Safeguard, will be joining WebLinc’s board of directors.
The company intends to use the funds to accelerate the development of new features for its commerce platform, onboard third party integration partners, and to expand marketing and sales teams.
Led by Darren Hill, co-founder and CEO, WebLinc leverages the latest technologies such as Ruby on Rails and MongoDB to provide mid to largw retailers with a B2C and B2B platform, which offers brand control, features, and operational flexibility needed to run the most dynamic operations.
Clients include Nasty Gal, URBN’s brands Free People, BHLDN, and Terrain, U.S. Polo Assn., Thomas Scientific, Jeffers Pet, Hello Kitty and others.
FinSMEs
20/08/2014