Plimus raises $18M for e-commerce platform
July 9, 2008 | Chris Morrison
Plimus, an e-commerce startup that is in the process of establishing itself in Silicon Valley, has taken an $18 million first round of funding.
The company makes an e-commerce backbone that other businesses can use to sell their products or services online. Plimus also competes with affiliate program coordinators like Clickbank.
Susquehanna Growth Equity provided the entire $18 million, the first venture funding Plimus has taken. The company is headquartered in San Diego, Calif., maintains R&D centers in Israel, where it was founded, and Ukraine, and has sales headquarters in San Jose, Calif.
Tags: co:plimus, deal, inv:susquehanna-growth-equity
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.
