Whitebox Announces $20 Million In Funding To Build Its Modern Commerce Platform
01/04/22, 8:00 AM
Location
baltimoreMoney raised
$20 million
Whitebox, the eCommerce marketing and fulfillment technology company, today announced it has raised an additional $20 million financing round led by Delta-v Capital. Whitebox will use the additional $20 million in funding to advance its ecommerce tech product and services. Specifically, this new funding will accelerate enhancements of Whitebox's proprietary Omnifi technology platform while scaling operations by investing in people to meet unprecedented demand. Delta-v is a growth-oriented investment firm with a long track record of identifying category leaders
Company Info
Location
baltimore, maryland, united states
Additional Info
The Baltimore-based company will also use the funds to hire more senior talent to steer the business forward. In November, the company named Kenneth Lim as Chief Revenue Officer. Whitebox will use the additional $20 million in funding to advance its ecommerce tech product and services. "In the hyper-competitive ecommerce space, Whitebox is in a category alone," said Garrett Marsilio, Principal at Delta-v.