Big Commerce gets big funding

E-commerce platform, Big Commerce, has confirmed a significant new investment from US capital venture firm, Revolution Growth. Resource-4

Revolution Growth’s US$40 million investment in Big Commerce is the fund’s largest investment to date, reflecting its commitment to scaling the company and its belief in the potential for Big Commerce to transform the e-commerce market.

Launched in 2009 by Eddie Machaalani and Mitchell Harper, the new funding will help the company aggressively build out its platform, adding hooks to empower a rapidly growing ecosystem of apps as well as adding new features and capabilities.

“Our platform radically simplifies the e-commerce experience for small and medium sized businesses, allowing them to compete and win against their larger competitors,” said Big Commerce co-founder and co-CEO Eddie Machaalani.

In addition, the company will invest in brand and awareness building to enable Big Commerce to expand into new vertical and international markets.

The investment will also see Revolution Growth co-founder, Steve Case, join the Big Commerce board.

“Big Commerce is a big idea that aligns perfectly with Revolution Growth’s philosophy: that technology can enable any entrepreneur, in any industry, located anywhere, to build a successful, high-growth business,” said Case.

“When you combine Eddie and Mitchell’s leadership with Revolution’s track record scaling built-to-last companies, there is real potential for Big Commerce to reach millions of new businesses and unleash the next wave of e-commerce around the world.”

“Big Commerce is the big equaliser,” he said.

“Now every entrepreneur can have Amazon-like e-commerce capabilities, in hours – not months or years.”

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