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Auctionbytes-NewsFlash, Number 1238 - March 16, 2006 - ISSN 1539-5065
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Infopia Closes $8 Million Funding Round
By Ina Steiner
AuctionBytes.com
March 16, 2006
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Infopia closed a second round of venture capital funding for $8 million led by Hummer Winblad Venture Partners and Trident Capital for a total of $15 million. Mark Gorenberg, a partner at Hummer Winblad Venture Partners, and John Moragne, a co-founder and partner at Trident Capital, will join the company's board of directors. Additional participating investors in the round include previous investors Transpacific Capital Partners and BC Select Fund.
Infopia's flagship product is the Marketplace Manager Application Suite, an award winning on demand multi-channel ecommerce platform that offers full integration with all significant online ecommerce portals, such as eBay, Amazon, Google, Overstock and Shopzilla. Infopia's clients, who include many of the top sellers on these marketplaces, use the application suite to manage all aspects of their ecommerce activities, including merchandising, inventory, transaction and customer management, back-office and fulfillment, commerce enabled web sites, and customer relationship management specific to multi-channel sellers.
http://www.infopia.com
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