Ecool, a provider of fashion and textile business management software, has secured $15.3m from Jushuitan for its first external funding.
Jushuitan, a provider of enterprise resource planning software, supplied RMB100m ($15.3m) in funding for China-based business management platform developer Ecool yesterday.
Ecool has developed a software platform that combines wholesale, supply chain, franchising and retail management tools for use in the fashion and textile industries.
The investment was made through a strategic partnership that will help Jushuitan strengthen its supply chain software, and Ecool said in a statement the transaction represents its first external financing.