Volusion raises $35 million in funding
Volusion has raised $35 million in a debt round of funding from Silicon Valley Bank. This round of funding will be used for product development. Volusion has offices in Austin, Texas and London, England. Volusion offers e-commerce solutions for businesses. Volusion will be using the funding to accelerate the enhancement and development of Volusion’s platform.
“We have aggressive expansion plans in the coming years for Volusion, Inc. as we continue to grow our SMB offering, as well as disrupt the enterprise commerce space with the Mozu platform. We have reimainged commerce and Mozu fulfills our vision of truly limitless commerce for the largest retailers in the world. This funding enables us to reach our goals for extensive growth and to satisfy the increasing aspirations of businesses of all sizes in their quest to dominate their markets,” stated Clay Olivier, the CEO of Volusion, Inc.