News and Events

Commerce360 Closes Major Venture Funding

Investors Back Leading-Edge Search Marketing Software Company

PHILADELPHIA, PA, October 5 – Commerce360 is announcing the closing of a major round of venture capital, led by PA Early Stage Partners with participation by First Round Capital, Terrapin Partners, and Internet Capital Group. This funding event follows financial support at the company’s founding in 2006 from First Round Capital, Terrapin Partners, and Internet Capital Group.

“We love the opportunity that Commerce360 has identified, the proven management team, the great co-investors, and the early results,” remarked Scott Nissenbaum, Partner at PA Early Stage Partners. “We’re thrilled to be working with such an exciting, local company.”

“I’ve worked with members of this management team over many years and through many companies,” added Josh Kopelman, Managing Director of First Round Capital, “and I’m anticipating great results.”

Doug Alexander, Managing Director at Internet Capital Group contributed, “The online marketing market is the bull market of the next decade. We have tremendous confidence in this team’s ability to make the most of the opportunity.”

Commerce360 is using the new funds to expand sales and marketing and to fill out its development team. The company is growing and anticipates significant hiring.

About Commerce360

Commerce360 is a software-based search marketing company that improves paid and organic search campaign performance for clients including Internet Retailer 500 and Fortune 100 companies. Our proprietary technology, ClickEquations ™ , uses advanced mathematics and statistical analysis to optimize campaigns across the entire search chain and delivers improved campaign efficiency and performance. The company, founded in 2006 to revolutionize online marketing through the use of advanced technology, is located outside of Philadelphia. For more information visit www.commerce360.com.

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Kevin Hyde

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t. 484.362.1355