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B2B ecommerce tech vendor Oro gets $13 million

Paul Demery | | Digital Commerce 360 | B2B
The developer of OroCommerce and other digital technology for deploying marketplaces and customer relationship management systems says it will use the funds to further develop its products and expand its reach in the United States and other markets.
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Another B2B marketplace makes its Wall Street debut

Jason Smith | | Digital Commerce 360 | B2B
GigaCloud Marketplace, launched in January 2019, claims to be one of the fastest-growing large-parcel B2B marketplaces. It says it has transacted over $190.5 million, $414.2 million, and $438.1 million of gross merchandise value (GMV) in 2020, 2021 and the 12 months ended March 31, 2022, respectively.
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A B2B marketplace expands for business services

Paul Demery | | Digital Commerce 360 | B2B
ShapeConnect, a marketplace for business services, reports rapid growth since 2020 as companies have sought new business connections during the pandemic.
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Headless commerce vendor commercetools raises $140 million

Paul Demery | | Digital Commerce 360 | B2B
The provider of cloud-based commerce technology for B2B and retail businesses says it will use the funding to accelerate its development of “tools and building blocks” for ecommerce experiences.
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India’s Udaan B2B marketplace raises $300 million

Paul Demery | | Digital Commerce 360 | B2B
The funding from two Silicon Valley firms and prior investors comes as Udaan.com, which launched in 2016, has surpassed $1 billion in gross merchandise sales, India-based ET Tech.com reports.
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Investor Thoma Bravo agrees to acquire Apttus

Paul Demery | | Digital Commerce 360 | B2B
Apttus, one of the early providers of “quote-to-cash” and other business software built on the Salesforce.com technology platform, expects to “scale to new heights” with Thoma Bravo’s backing.