eCommerce Industries has closed a $21 million third round of funding, led by New Enterprise Associates. Other previous investors included Accel Partners; Friedman, Billings, Ramsey; and Frazier Technology Ventures. The Vienna, Va.-based company has raised a total of $84 million, and received a lower valuation with this latest round, said a company spokesman. eCommerce Industries received a valuation of $96 million following the round. The company provides business-to-business e-commerce software to the office products, janitorial and sanitation industries.
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eCommerce Industries lands $21 million
eCommerce Industries has closed a $21 million third round of funding, led by New Enterprise Associates. Other previous investors included Accel Partners; Friedman, Billings, Ramsey; and Frazier Technology Ventures. The Vienna, Va.-based company has raised a total of $84 million, and received a lower valuation with this latest round, said a company spokesman. eCommerce Industries received a valuation of $96 million following the round. The company provides business-to-business e-commerce software to the office products, janitorial and sanitation industries. See complete list.