Fueled by continuos and fast paced e-commerce growth, ChannelAdvisor files for IPO
In what should increase the confidence on everyone invested in eCommerce, ChannelAdvisor – which powers more than 1900 merchants worldwide has filed for an IPO.
ChannelAdvisor filed for an IPO today, proposing to raise $86.25 million, although the price per share and number of shares has not yet been revealed. ChannelAdvisor provides software-as-a-service solutions to help retailers and manufacturers integrate, manage, and optimize their merchandise sales across hundreds of online channels, including Amazon, Google, eBay, Bing, Groupon, and Facebook. Customers can build customized solutions or use the “managed services” for help implementing campaigns.