SPXCommerce Raises $50M Series B Funding
SPXCommerce, the leading AI-powered e-commerce platform, today announced it has raised $50 million in Series B funding. The round was led by prominent venture capital firms and will be used to accelerate global expansion and product development.
"This funding round represents a significant milestone in our mission to revolutionize e-commerce through AI and microservices architecture. We're excited to expand our platform capabilities and reach new markets worldwide."
"This funding round represents a significant milestone in our mission to revolutionize e-commerce through AI and microservices architecture. We're excited to expand our platform capabilities and reach new markets worldwide."
— Vikash Sharma, CEO, SPXCommerce
The funding will be allocated across several key areas:
- Global market expansion into Europe and Asia-Pacific
- Enhanced AI capabilities and machine learning infrastructure
- Advanced security features and compliance tools
- Strategic partnerships with leading technology providers
SPXCommerce has experienced rapid growth, serving over 1,000 enterprise clients and processing millions of transactions monthly. The platform's unique composable architecture has attracted significant interest from investors and enterprise customers alike.
For more information about SPXCommerce and its funding round, please contact our media team.