NewStore, a Boston MA-based omnichannel store solution provider, raised $45M in Series B-1 funding.
The company intends to use the funds to accelerate its commercial efforts, expand globally, speed up product development, and increase employee headcount.
Led by Founder and CEO Stephan Schambach, NewStore provides SaaS, cloud-based omnichannel store solutions combining POS, order management, inventory, and clienteling. The company serves by global DTC brands including Burton Snowboards, Decathlon, GANNI, Goorin Bros, Marine Layer, Outdoor Voices, and UNTUCKit.
It is backed by General Catalyst, Activant Capital, and Salesforce Ventures.