TicTail, the Stockholm-based shopfront for ecommerce start-ups, has secured $8 million (£4.8 million) as it prepares to open a New York office.
The new investors include Nick D'Aloisio who sold his start-up Summly to Yahoo last year for a reported $30 million. He is one of four strategic investors to contribute to the Series A funding round.
The online store builder, which lets users open a new shop in minutes, is close to signing a lease in the city's Soho district to serves as its outpost for US expansion. The New York office will initially be home to company CEO Carl Waldenkranz and four other staff. It will add 10 to 15 more this year.
Tictail has 35,000 stores on its platform. We tested the claim that users could set up shop in minutes in an article last year.
The funding was led by Thrive Capital, which has also invested in Instagram, and Scott Bellsky, founder of Behance, also contributed.
No comments:
Post a Comment