Volusion, an Austin, Texas-based provider of ecommerce software and services, secured a $55m in financing.
The round was led by Main Street Capital Corporation.
The company intends to use the funds for the development of its enterprise platform, Mozu, while further advancing its small-to-medium-sized businesses (SMB) platform, Volusion.
Led by Clay Olivier, CEO, Volusion provides commerce solutions for all business types, ranging from startups to large enterprises, to connect to technology that empowers their business.
The organization’s product portfolio includes the Volusion platform, designed for entrepreneurs and small-and-medium-sized businesses (SMBs), and the Mozu (API-first) platform, which is built for the large enterprise market.