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Assembly Acquires Pacvue

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Los Angeles-based e-commerce software developer Assembly said this morning that it has acquired e-commerce advertising software developer Pacvue. Financial details of the buy were not announced. Pacvue is based in Seattle. Assembly s is led by co-founder and CEO Sandeep Kella.

Commerce 160
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Epicor Buys ShopVisible For Cloud E-commerce, Ordering

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Epicor , the enterprise software developer which has major operations in Orange County, said this week that it has acquired a cloud-based developer of management and e-commerce software called ShopVisible. ShopVisible is the second, retail e-commerce software company Epicor has acquired in the last two month.

Commerce 138
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NuORDER Signs Black Diamond Equipment

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Los Angeles-based B2B e-commerce software developer NuORDER said this week that outdoors product firm Black Diamond Equipment is in a partnership with the company, and will conduct all its wholesale practices through its digital buying platform. Financial arrangements between the two companies were not announced.

Commerce 113
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Pack Picks Up $3M For Ecommerce Tools

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San Diego-based Pack, a developer of e-commerce tools, says it has raised $3M in a seed funding round. Pack says it is developing what it calls "headless commerce", which helps brands create personalized shopping experiences. The funding was led by Norwest Venture Partners, and also included Alpaca and Vanterra Ventures.

Tool 113
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Assembly Joins Billion Dollar Unicorns After Strategic Investment

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Los Angeles-based e-commerce software developer Assembly has joined the ranks of the local unicorn startups, according to the company, after getting a "significant capital injection" from Advent International. The company said it now surpasses $1 billion in valuation after the round.

Invest 113
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Kajabi Collects Massive $550M Round

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Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The investment round firmly vaunts the company into unicorn territory. Kajabi's CEO and co-founder is Kenny Rueter.

Commerce 113
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FastSpring Expands Platform

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Santa Barbara-based software developer FastSpring--best known for its e-commerce software tools--says it is expanding its offerings, and will offer up support to B2B, software-as-a-service and downloadable software companies with sales team.

Platform 113