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Digital River Announces $50 Million in Incremental Funding to Accelerate Evolution as a Global Ecommerce Enabler

Feb 25, 2020•over 5 years ago

Amount Raised

$50 Million

MinneapolisLogisticsRetailE Commerce

Description

Digital River, the most experienced global ecommerce enabler for established and fast-growing brands, announced today that it has raised a total of $50 million in incremental funding to accelerate its transition into a premier provider of API-based global ecommerce solutions.

Company Information

Company

Digital River

Location

Minneapolis, Minnesota, United States

About

Digital River empowers ecommerce brands to confidently accelerate growth in more than 240 markets worldwide. The company connects brands and buyers directly, staying behind the scenes to manage international payments, tax, fraud, compliance, and localization. Digital River customers also leverage Digital River’s robust global logistics network to enable fast, low cost, local and cross-border shipping and returns. The chosen partner of thousands of brands across the Americas, Europe and Asia, Digital River is global commerce growth, simplified. Digital River is headquartered in Minneapolis with offices across the U.S., Asia, Europe, and South America. For more details, visit DigitalRiver.com. Digital River is a registered trademark of Digital River, Inc. All other company and product names are trademarks, registrations, or copyrights of their respective owners.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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