Productsup raises Euro 65 million in Series B financing round

Berlin — Product­sup raised Euro 65 million from Bregal Mile­stone and Nord­wind Capi­tal. “The invest­ment will enable Product­sup to further advance its product deve­lo­p­ment, take advan­tage of merger and acqui­si­tion oppor­tu­ni­ties, streng­then its part­ner network, and expand into new markets to soli­dify its posi­tion as the leading global solu­tion for retail success,” the company shares. The Berlin-based company, foun­ded in 2010 by Kai Seefeldt and Johan­nis Hatt, hand­les “data inte­gra­tion in e‑commerce.”

In the previous finan­cing round, Nord­wind Capi­tal and Deut­sche Handels­bank inves­ted around EUR 18.5 million in the company, which was foun­ded and is mana­ged by Vincent Peters and Stefan Sonn­tag and curr­ently has around 250 employees.

www.productsup.com©