E-commerce company MarketLive raises $20M

MarketLive, a provider of e-commerce retail technology and services, has raised a new $20 million round of financing.  Backers include new investors JAFCO Ventures and Northgate Capital,  as well as Sequoia Capital, Sigma Partners, Globespan Capital and others.

MarketLive was founded in 1995, and it’s still growing. The Foster City, Calif. company says it added 33 new brands to its portfolio and launched 56 new sites last year. This is MarketLive’s fifth round of funding, according to Private Equity HUB.

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About the Author, Anthony Ha

Anthony Ha writes about enterprise technology, cloud computing, tech policy, and random cool startups. Before joining VentureBeat in January 2008, he worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. Anthony attended Stanford University from 2001 to 2006, and now lives in San Francisco. Reach him at anthony@venturebeat.com.