Posted on November 27, 2019 by staff

eCommerce platform closes $140m funding round


Earlier this year VTEX purchased UniteU, an eCommerce platform based in the US. “Acquiring UniteU was only the first step of a responsible and consistent expansion of VTEX in the US. We have big plans to accelerate our continued global growth and product innovation,” said Gomide.

VTEX provides commerce solutions to 2,500 global brands, including Levi’s, Sony, Walmart, L’Oréal and Motorola. The company’s innovations include a patent-pending password-less checkout called SmartCheckout, an architectural network of microservices to seamlessly deliver continuous updates and the company’s VTEX IO server-less development framework that enables clients to develop scalable, production-ready web applications for global commerce without infrastructure complexity.

“Becoming the global power in unified commerce platforms for medium and large companies is our goal,” said Geraldo Thomaz, VTEX’s other co-founder and co-CEO.

“With this investment, we will be able to invest more in R&D, respond to market demands faster, and deliver a more robust product that leverages AI to take us into the future of commerce.”