CreateThe Group lands $12M for e-commerce platforms
CreateThe Group, a firm that sets up e-commerce platforms for top brands’ web sites, just raised $12 million in private funding from the affluent U.K.-based Hargreaves Family. Based in New York, the company plans to use the new financing to grow its enterprise-class platform, which already brokers $200 million in digital business.
CreateThe Group counts recognizable names like Louis Vuitton, Gucci, Calvin Klein, the New York Times’ style magazine T, and Juicy Couture among its clients. The systems the company builds include social networking features, advanced photo galleries and customer service options.
No further funding history has been disclosed.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.