Qualcomm Ventures has returned to back the e-commerce platform developer’s series D round after co-leading its previous round late last year.
Brazil-based e-commerce platform operator Nuvemshop received $90m yesterday in a series D round backed by Qualcomm Ventures, a corporate venturing unit for mobile semiconductor producer Qualcomm.
Venture capital firm Accel led the round, which included ThornTree Capital and Kaszek Ventures, as well as individual investors Mike Micucci, Mark Lavelle, Mark Lenhard, Jamie Sutton, Kevin McKeand and Minesh Shah.
Founded in 2011, Nuvemshop provides an online platform that enables businesses to launch and operate their own online stores. It operates under…
