ChannelAdvisor Gets $5.7M in Funding

Share this article:
In a rare cash infusion in these tight financial times, fixed-price and auctions software provider ChannelAdvisor Corp. has received $5.7 million in additional funding.


Investors in the Research Triangle Park, NC, company include Boston-based Genesis Venture Partners, Southern Capitol Ventures, Tri-state Investment Group, The Atlantis Group and eBay Inc.


ChannelAdvisor offers services and technology that allow manufacturers and retailers to sell in the auction areas of Amazon.com, eBay, Yahoo and uBid.


Clients in the computer and peripherals category include Ingram Micro, IBM Corp., Iomega and Crucial Technologies.


Among those who use ChannelAdvisor's services to sell on eBay are Handspring, Eastman Kodak Co., Harman Audio, Econozone, Creative Labs, Omaha Steaks, Bargain Builder, Restaurant.com, WineTasting.com, AKA Gourmet and New Vine Logistics.


Share this article:
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Is the Next Mobile Already at Hand?

Is the Next Mobile Already at Hand?

Researchers quibble about just how big the Internet of Things is going to be, but a new report says it's going to be huge and that marketers need to pay ...

Sony Brings Data to Outdoor Advertising

Sony Brings Data to Outdoor Advertising

Norwegian moviegoers got front-row seats when Sony took dynamic digital ads off the Web and into theaters.

Ramp Introduces Video Platform for Marketers

Ramp Introduces Video Platform for Marketers

The cloud-based platform syncs with marketing automation and capitalizes on user behavior to extend view times.