7 years ago
Paddle Secures $8 Million in Funding to Expand Its Platform
Paddle, a London-based provider of a checkout, eCommerce, marketing, and analytics platform for software companies and developers, has raised an additional $8 million in funding, bringing total funding to date to $25 million
Backers in the round include Notion, BGF, and Kindred Capital
Paddle plans to use the funds to expand its data, product, and engineering teams.
ProblemTechnology
"Software companies and developers waste time and resources building and maintaining the infrastructure required to run their businesses, including checkout, licensing, analytics, and marketing."
Solution
"Paddle provides a comprehensive platform that handles checkout, eCommerce, marketing, and analytics, allowing software companies and developers to focus on building and growing their products."