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8fig Raises $140M to Propel Ecommerce SMBs During Economic Turmoil
8fig (www.8fig.co), the continuous funding and management platform for ecommerce businesses, announced the closing of a $140 million Series B funding round in combined equity and credit facility led by Koch Disruptive Technologies (KDT) with participation from existing investors Battery Ventures, Localglobe, Hetz, the Jesselson family, and Silicon Valley Bank, a division of First Citizens Bank. This brings 8fig’s total funding to date to $196.5 million.At a time when many online sellers are stru...
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Posted: May 9 2023, 13:41
Author Name: financemagnates
Views: 081791