SoftBank Innovation Fund led a $140m funding round for the retail management software provider, whose previous investors include Naspers.
VTex, a Brazil-based provider of end-to-end e-commerce services, has collected $140m in a funding round led by internet and telecommunications group SoftBank, TechCrunch reported on Friday.
Investment management firm Gávea Investimentos and asset manager Constellation Asset Management also contributed to the round, and SoftBank participated through its $5bn latin America-focused Innovation Fund.
Founded in 1999, VTex has built a platform intended to facilitate commerce operations, unifying all sales-orientated aspects of a retail business in a single interface.
The platform’s…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
