Cymbio, a leader in brand-to-retailer connectivity, has raised $7 million in Series A financing round led by Vertex Ventures.
There was participation of Yuval Tal (founder of Payoneer) and existing investors Udian Investments and Ron Zuckerman. The funds will be used to expand Cymbio’s global footprint across R&D, sales and marketing.
Cymbio provides a platform to brands, such as Steve Madden, Marchesa, Camper, Micro Kickboard, and hundreds of others, that connects them directly to their retail partners. Cymbio’s technology automates all drop ship and marketplace operations for brands with any retailer.