E-commerce company MarketLive raises $20M
MarketLive, a provider of e-commerce retail technology and services, has raised a new $20 million round of financing. Backers include new investors JAFCO Ventures and Northgate Capital, as well as Sequoia Capital, Sigma Partners, Globespan Capital and others.
MarketLive was founded in 1995, and it’s still growing. The Foster City, Calif. company says it added 33 new brands to its portfolio and launched 56 new sites last year. This is MarketLive’s fifth round of funding, according to Private Equity HUB.
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About the Author, Anthony Ha
Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.
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