Xconomy San Diego

Plimus, Inc. Lands $18,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70bbaad3-ed0d-412b-8ea2-05fb01ed73eb&Preview=1
Date
7/10/2008
Company Name
Plimus, Inc.
Mailing Address
3830 Valley Centre Dr San Diego, CA 92130
Company Description
Plimus started with a simple idea: help companies grow their e-business through an efficient and cost-effective e-commerce backbone.
Website
http://www.plimus.com
Transaction Type
Venture Equity
Transaction Amount
$18,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The capital will be used to support the growth of the company as it delivers the widest range of services to an ever-growing base of independent software and digital product vendors who use its services to market and sell their products online.
M&A Terms
Venture Investor
Susquehanna International Group, LLP
Venture Investor
Susquehanna International Group, LLP