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."