StoreHub, a Selangor, Malaysia-based provider of tech and servises for retailers to digitize their business, closed a $5.1m Series A funding.
The round was led by Vertex Venture, with participation from Temasek, Cradle Seed Ventures, Accord Ventures and Fintonia Group.
The company intends to use the funds to to increase hiring efforts, expand in Southeast Asia, and grow its service offering.
Founded in 2014 by CEO Wai Hong Fong and CTO Congyu Li, StoreHub offers point-of-sale technology and digital services to retailers in Malaysia, Thailand and the Philippines.
The company currently has a staff of 80.