ChannelAdvisor, a company that lets online retailers manage product marketing across marketplaces such as eBay, Amazon.com, Overstock.com and a series of shopping comparison sites, has raised an additional $30 million in funding.
The company, base in Research Triangle Park, North Carolina, said New Enterprise Associates led the round with $23.5 invested. Existing investors Kodiak Venture Partners, Advanced Technology Ventures, Southern Capitol Ventures and eBay participated.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":8863,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,","session":"D"}']The company said it would expand offerings into new geographies and investigate acquisition opportunities. Additionally, Patrick Kerins, NEA General Partner, will join ChannelAdvisor’s board of directors.
The company has raised $66 million so far.
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