Orckestra Raises $12M in Series B Funding

Orckestra_logoOrckestra, a Montreal, Canada-based provider of a commerce platform, raised $12M in Series B funding.

Backers included Fonds de solidarité FTQ, Fondaction CSN and W Investments.

The company intends to use the funds for sales capabilities in North America, increased presence in Europe, integration of Composite AS, acquired in June, as a foundation for Europe and to reinforce the continued marketing efforts and R&D for Orckestra Commerce Cloud and Experience Management for Commerce.

Founded in 2006 by Louis Fournier, CEO, Orckestra provides Orckestra Commerce Cloud, an omni-channel commerce solution for mid-size and large enterprise retailers, grocers and branded manufacturers. Powered by proprietary technology, the company’s solution allows brands to deliver streamlined customer experiences across physical and digital touch-points, all from a single platform running on Microsoft’s Azure Cloud.
It is used by brands like Sobeys, Giant Eagle, FGL Sports and Mondou Pet Supplies.

FinSMEs

10/12/2015

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