{"id":40292,"date":"2021-09-15T09:44:49","date_gmt":"2021-09-15T07:44:49","guid":{"rendered":"https:\/\/newserver.fyb.de\/software-developer-commercetools-raises-usd-140-million-and-is-worth-usd-1-9-billion\/"},"modified":"2021-09-15T09:44:49","modified_gmt":"2021-09-15T07:44:49","slug":"software-developer-commercetools-raises-usd-140-million-and-is-worth-usd-1-9-billion","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/software-developer-commercetools-raises-usd-140-million-and-is-worth-usd-1-9-billion\/","title":{"rendered":"Software developer Commercetools raises USD 140 million and is worth USD 1.9 billion"},"content":{"rendered":"<p>Munich \u2014 U.S. inves\u00adtor Accel and legacy inves\u00adtors Insight Part\u00adners and REWE Group invest $140 million in e\u2011commerce solu\u00adtion commerce\u00adtools. In the finan\u00adcing round, the Munich-based online store infra\u00adstruc\u00adture deve\u00adlo\u00adper was valued at around $1.9 billion as an unlis\u00adted \u2014 e\u2011commerce company . This means that commerce\u00adtools is now a Unicorn!<\/p>\n<p>Insight Part\u00adners most recently inves\u00adted $145 million in the \u201ccloud-based head\u00adless e\u2011commerce system.\u201d \u201cThis latest round repres\u00adents a huge hike on its valua\u00adtion since then, when Commerce\u00adtools was valued at around $300 million,\u201d Tech\u00adCrunch writes of the valua\u00adtion. The new capi\u00adtal brings commerce\u00adtools another step closer to its long-term vision: to enable inspi\u00adring shop\u00adping expe\u00adri\u00aden\u00adces across borders and to create scalable and outstan\u00adding custo\u00admer relationships.<\/p>\n<p>Commerce\u00adtools was foun\u00added in 2006 by Denis Werner, Ren\u00e9 Welches and Dirk H\u00f6rig. In 2014, the retail and tourism group Rewe acqui\u00adred commerce\u00adtools, the purchase price at the time was just 6.5 million.<\/p>\n<p>Commerce\u00adtools\u2019 custo\u00admers include corpo\u00adra\u00adti\u00adons such as Audi, Yamaha and Cimpress (Vist\u00ada\u00adprint and Trade\u00adprint). The company offers mobile apps, voice assistants, chat\u00adbots, AR\/VR and IoT applications.<\/p>\n<p>Accor\u00adding to its own infor\u00adma\u00adtion, Commerce\u00adtools has a total of over 200 employees at its loca\u00adti\u00adons in Munich, Berlin, Jena, Amster\u00addam, London, in Durham in the US state of North Caro\u00adlina and in Singapore.<\/p>\n<p>In addi\u00adtion to exis\u00adting inves\u00adtors Insight Part\u00adners and Rewe Group, tech inves\u00adtor Accel, which has alre\u00adady funded Drop\u00adbox, Spotify and Slack, is also invol\u00adved in the new&nbsp;round.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Munich \u2014 U.S. inves\u00adtor Accel and legacy inves\u00adtors Insight Part\u00adners and REWE Group invest $140 million in e\u2011commerce solu\u00adtion commerce\u00adtools. In the finan\u00adcing round, the Munich-based online store infra\u00adstruc\u00adture deve\u00adlo\u00adper was valued at around $1.9 billion as an unlis\u00adted \u2014 e\u2011commerce company . This means that commerce\u00adtools is now a Unicorn! Insight Part\u00adners most recently&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":38070,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1368,1369,1372,1373],"tags":[],"class_list":["post-40292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-consultants-auditors","category-investors","category-consultant","category-venture-capital-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Software developer Commercetools raises USD 140 million and is worth USD 1.9 billion - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/software-developer-commercetools-raises-usd-140-million-and-is-worth-usd-1-9-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Software developer Commercetools raises USD 140 million and is worth USD 1.9 billion - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Munich \u2014 U.S. inves\u00adtor Accel and legacy inves\u00adtors Insight Part\u00adners and REWE Group invest $140 million in e\u2011commerce solu\u00adtion commerce\u00adtools. In the finan\u00adcing round, the Munich-based online store infra\u00adstruc\u00adture deve\u00adlo\u00adper was valued at around $1.9 billion as an unlis\u00adted \u2014 e\u2011commerce company . This means that commerce\u00adtools is now a Unicorn! 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