minubo, a Hamburg, Germany-based provider of an eCommerce Business Intelligence solution, has received a second seven-digit seed investment.
The round was led by eCommerce veteran Stephan Schambach.
The company intends to use the funds to expand into the USA (founding minubo Inc. in Boston), as well as to continue to develop the international partner-networks.
Led by CEO Lennard Stoever, minubo provides a Business Intelligence cloud solution specifically developed for online shops. It works as a data hub for every online shop and creates transparency in the entire process between acquisition costs and sales margins.
The company has already won globally active partners in the USA and Great Britain with businesses such as Demandware and Brightpearl, who provide its analysis solution to a large customer base.