Shoplazza raises $150 mn led by Softbank

Shoplazza, a global e-commerce Software as a Service (SaaS) platform, has raised $150 million in Series C1 financing.
Dollar spending on technology
The VC investment in Shoplazza was led by Softbank Vision Fund 2, with participation from new investors Chimera, Stepstone and existing investors Sky 9, Sequoia China, Qianhai FoF and Elegrace.

Shoplazza will use the funding to make investment in the areas of R&D and add employees. Shoplazza aims to accelerate the growth of its merchant base in North America and Europe.

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