PayPal and Yahoo Japan contributed to a round of undisclosed size for the e-commerce services provider headed by a $66m investment from Bain Capital.
Japan-based e-commerce technology producer Hey raised at least ¥7bn ($66m) in series E funding yesterday from investors including internet company Yahoo Japan and digital payment technology provider PayPal.
Private equity firm Bain Capital invested ¥7bn through its Bain Capital Tech Opportunities fund to lead the round, which included investment bank Goldman Sachs, Anatole and World Innovation Lab. The corporates took part through PayPal Ventures and YJ Capital respectively.
Hey provides software that helps businesses create online storefronts and accept and…
