NFINITE RAISES $100 MILLION SERIES B TO EXTEND LEADERSHIP IN IMMERSIVE 3D E-COMMERCE AND E-MERCHANDISING CATEGORIES – PR Newswire
NEW YORK, June 7, 2022 /PRNewswire/ — nfinite, a leader in next-generation visualisation and e-commerce merchandising, announced today that it has raised $100 million in Series B funding led by global software investor Insight Partners, with participation from existing investor USVP (US Venture Partners).
The funding will be used to expand nfinite’s global customer, engineering, and marketing operations to provide the scale and support needed to meet rapid market adoption of its SaaS-based visual e-merchandising platform. It will also help expand the nfinite 3D marketplace which comprises the world’s most extensive community of 3D talent and tools dedicated to e-commerce.
The nfinite SaaS platform allows retailers to create, display, and manage unlimited product visuals through advanced CGI technology. It achieved a 10-fold growth in ARR in the last year and has been adopted by three of the world’s top five global retailers.
Retail e-commerce is forecast to grow 50%, reaching sales…
The post NFINITE RAISES $100 MILLION SERIES B TO EXTEND LEADERSHIP IN IMMERSIVE 3D E-COMMERCE AND E-MERCHANDISING CATEGORIES – PR Newswire first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2022/06/07/nfinite-raises-100-million-series-b-to-extend-leadership-in-immersive-3d-e-commerce-and-e-merchandising-categories-pr-newswire_2022060721241.html
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