6 years ago

Vtex Raises $140 Million to Expand its Global E-commerce Platform

  • Vtex, a UK-based e-commerce platform serving brands and retailers in 28 countries, has secured $140 million in funding

  • The investment was led by SoftBank’s Latin America fund, with participation from Gávea Investimentos and Constellation Asset Management

  • Vtex intends to use the funds for continued global expansion and advancements to its cloud commerce offerings

  • The company provides a multitenant commerce platform that unifies customer experiences across all channels, featuring innovative technologies like SmartCheckout™ and VTEX IO serverless development framework.

    • ProblemTechnology

      "Businesses are struggling to provide a seamless and consistent customer experience across all channels, leading to frustration and lost sales."

      Solution

      "Vtex offers a multitenant commerce platform that unifies customer experiences across all channels into a comprehensive enterprise solution, making it easy for businesses to manage their online presence and grow their sales."

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