US-based ecommerce platform Rearden Commerce secured $133m in financing from existing investors JP Morgan Chase and American Express, and new investor Citi, on Wednesday. Part of the funding will be invested in the acquisition of US-based social buying service HomeRun.

Rearden raised $40m of series F funding, in September 2009, from venture capital firm Oak Investment Partners and Chase Capital Partners, an investment division of banking multinational JP Morgan Chase, an investor in the current round.

Chase Capital previously invested in Rearden’s $100m series E round, in 2008, as did American Express, which also backed Rearden’s $32.5m series D funding.

Dan Schulman, group president of American Express’ Enterprise Growth division, said: "We’re excited to continue partnering with Rearden Commerce to deliver the most personalised, localised and contextual offers to our SERVE customers and partners. With our next-generation digital payments platform and Rearden Commerce’s innovative merchant and consumer apps, we…

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