Software

Ecommerce platform Floodlight has raised 6.4 million dollars in a seed funding round. The company offers a smart business account where ecommerce business owners can manage and optimize their finances. “This seed round is an exciting validation of our platform and its potential to meet the needs of unserved SMEs”, says Noam Bernstein, CEO and co-founder.

Patchworks has raised 4 million pounds (4.4 million euros) in growth capital. The ecommerce integration platform wants to use the funds to enhance its product offering. The company also hired Jim Herbert from BigCommerce as their new CEO.

Slovenia-based startup CartFox is launching a new feature: post-purchase SMSes. The company offers automated abandoned cart text messages to online retailers. With the new function, sellers can give customers additional discounts after placing an order.

Leading ecommerce platform Shopify has increased its prices for new customers in the United States. The change is expected to be implemented in Europe soon, as well. Current customers will notice the price change in three months.

Leading ecommerce platform Shopify has shut down its Exchange Marketplace on November 1^st. Merchants who want to sell their Shopify store will now have to use other marketplaces. The app, data and listings have all been deleted and are no longer accessible to merchants.

Shopify is expanding its Enterprise Resource Planning (ERP) program to Europe. The program, which offers Shopify integrations for merchants, first launched last year. The company is working with local ERP software companies from the Netherlands, Germany and Spain for the European launch.

Website design software Wordpress is considering offering core features as plugins instead. With a plugin-first approach, the software could be updated regularly. The consideration comes right before the launch of the newest version of Wordpress in November.

Ecommerce software startup Instant Commerce has raised 5.4 million euros in seed capital. The Amsterdam-based company will use the money to expand in Europe and the United States. Instant Commerce has raised 7.5 million euros to date.

Belgian software startup Garvis has raised 3.5 million euros. The company uses Artificial Intelligence (AI) to predict stock levels. Garvis will use the funds to develop its platform and accelerate international expansion.

Slovenian startup CartBoss, which offers automated abandoned cart text messages to online stores, is now installed in over 4,000 online shops. The company is a year and a half old, but already has over 500 customers. With new features coming out this year, it expects to continue growing its customer base.

Leading ecommerce platform Shopify is launching Translate & Adapt. The tool, which works with Shopify Markets, offers localisation for merchants looking to expand to new markets. The new application is available worldwide as of this week.

Shopify is laying off 10 percent of its staff. This comes down to a thousand employees. According to the company, it is due to a decline in customer demand after peak growth during the pandemic.

OsCommerce, on of the first ecommerce software tools, launched a new version. The v4-version remains free and open source, but introduces design templates, multiple sales channels and updated security. “We want to revive the once great ecommerce platform,” managing director Vadym Gurevych says.

Spanish software startup Stockagile has raised 2.5 million euros in seed capital. With the funds, the company wants to further develop its omnichannel management software and marketing strategy. The company aims to be a ‘leader in omnichannel sales management in the retail sector’.

BigCommerce has announced that it will expand into Denmark, Norway, Austria and Sweden. The expansion comes six months after its launch in Germany and Spain. Sellers of all sizes can build their online store with local storefronts.