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Monday, November 19, 2018

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LemonStand raises $1.25M for its eCommerce platform focused on web designers

VANCOUVER, Canada - LemonStand, the refreshingly customizable cloud eCommerce platform, announced today that it has secured an additional $1.25M in seed funding from BDC Capital, Silicon Valley based angel investors Barry X Lynn, Paul Rochester, Hank Massey and several other angel investors.

The company will use the proceeds to invest in continued product development and to accelerate its recruitment of new web designer and agency partners. “LemonStand has broken the mold for cloud based eCommerce platforms,”  said Matt Roberts, Associate Director, IT Venture Fund, BDC Capital.  “They give web designers and agencies full control over the online shopping experience. Through a highly customizable solution they provide the tools and support needed to drive better results for the retailers they work with.”

Targeting a trillion dollar online retail market that is growing at over 20% per year according to eMarketer, LemonStand’s eCommerce platform is aimed squarely at growth oriented small and mid-sized online retailers, who often work with web design agencies on their brand and marketing strategy.  Built on a secure and scalable cloud based architecture, LemonStand combines the ease of use and operational benefits of the cloud with the power and flexibility web designers usually only find with open source and enterprise platforms.  

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User Replay - Black Box Recorder For e-commerce Sites

One For The Future

User Replay, a start-up which acts as a “black box recorder for e-commerce sites”, has secured $4.7m Series B funding in a deal backed by Longwall Ventures alongside existing investors Episode 1, EC1 Capital and FSE.

The business has also announced that it has secured over $350,000 from the government-backed innovation agency Innovate UK.

Based in Reading, User Replay develops cloud software technology which enables its customers – e-commerce companies – to understand and analyse every visitor journey made through a website.

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Shopify Expects Revenue to Surge in 2016

Shopify Inc. said revenue doubled in its fourth quarter, while the e-commerce platform gave strong revenue guidance for the year.

Shares surged 21% to $24.80 a share in premarket trading.

Ottawa-based Shopify makes software that enables merchants to sell goods online. The company went public last May at $17 a share. The stock has slid recently, down 22% over the past three months through Tuesday's close.

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