Group Commerce Inks $21M, Preps for European Rollout
May 30, 2012
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Group Commerce, operator of an e-commerce platform for publishers, has sealed $21 million of Series C funding from new investor JAFCO Ventures and existing investors such as Spark Capital and Carmel Ventures. Founded in 2010, the New York-based company has now raised over $39 million in financing through its Series A, B and C rounds. The funding influx will support U.S. growth, platform development and rollouts into various European countries such as the U.K. and Germany.
