VTEX Cloud Commerce Platform, a e-commerce platform serving brands and retailers in 28 countries, has closed a USD 140 million investment round from SoftBank´s Latin America fund in conjunction with Gávea Investimentos and Constellation Asset Management, the company said.
The investment will support VTEX´s continued global expansion and advancements to its cloud commerce offerings.
With a compounding organic growth of 43% per year in the last five years, VTEX has become one of the largest global players in the Digital Commerce market. Headquartered in London, the company has been recognized by IDC and Gartner as a player to watch, based on the user experience VTEX delivers, its ease of configuration, and its rapid time-to-implement.
VTEX provides commerce solutions to 2,500 global brands, including Levi´s, Sony, Walmart, L´Oréal and Motorola. The company´s innovations include a patent-pending passwordless checkout called SmartCheckout™, an architectural network of microservices to seamlessly deliver continuous updates, and the company´s VTEX IO serverless development framework that enables clients to develop scalable, production-ready web applications for global commerce without infrastructure complexity.
VTEX is the only multitenant commerce platform that unifies customer experiences across all channels into a comprehensive enterprise solution. With an auto-scaling cloud infrastructure and a powerful set of tools, the platform accelerates the commerce transformation of complex operations. Visit www.vtex.com.
Gávea Investimentos is an independent asset management boutique focused on Emerging Markets, founded in 2003 by Arminio Fraga and Luiz Fraga. It has two main lines of business: Private Equity Funds and Global Macro Hedge Funds.
Constellation is one of the independent investment firms in Brazil, with more than 20 years of experience in investing in Brazilian companies. Constellation has a fundamental long-term investment horizon, a collaborative approach with its invested companies and a proven track record.
Riverwood Capital is a private equity firm that invests in high-growth, middle-market companies in the technology, technology-enabled, and other related industries. Visit www.riverwoodcapital.com.