eCommera Funding Exceeds £6 million as ePlanet Invests £1.3 million

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Database Reference:  F231109-250
Business:  eCommera
Location:  UK, London
Region:  Europe
Business description:  Internet services business that offers ecommerce advisory, support and software services to retailers
Category: ecommerce
Contact 1:  Michael Ross, co-founder
Contact 2:  Andrew McGregor, co founder and CEO
Investor 1:  ePlanet
Round:  c Round
Amount raised:  £1,300,000
Participants:  1
Details:  eCommera, the UK-based provider of e-commerce services to the retail industry, has secured £1.3 million in investment from private equity group ePlanet. This latest round of funding takes the total raised by eCommera in 2009 to over £6 million. The funding will go towards driving the geographic expansion of eCommera with an initial focus on Europe. This latest injection of funding comes just two months after eCommera secured funding of £5 million from an investment group led by growth capital investor, Frog Capital in conjunction with West Coast Capital and GP Bullhound.

Link:  eCommera Announcement

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