PrestaShop Readies for Growth, Expansion
Open-source e-commerce software PrestaShop, which powers more than 165,000 stores currently, has secured $9.3 Million in a Series B funding round led by Xange Private Equity, Seventure Partners and Serena Capital.
Prestashop will use the funding round to fuel growth and international expansion, accelerate product development and support new marketing initiatives.
“We will also further develop the PrestaShop product and brand, with the input from our merchants and developer community. Most importantly, the funding will help us continue our commitment to delivering the best e-commerce platform which will help our merchants thrive,” said Bruno Lévêque, Co-Founder of PrestaShop.