HOUSTON, TX, Cart.com, the leading unified commerce solutions provider, has raised additional funding of $50 million and achieved a post-money valuation of $1.6 billion.
The funding includes financing from funds and accounts managed by BlackRock and Neuberger Berman, new investors such as eGateway Capital, as well as other venture capital firms, strategic investors and family offices. Since its founding, Cart.com has raised a total of $475 million.
Cart.com is the leading provider of unified omnichannel commerce and logistics solutions that enable B2C and B2B companies, as well as public sector agencies, to unify order and inventory management from product discovery to product delivery. The company's enterprise-grade software, services and logistics infrastructure, including its own network of fulfillment and distribution centers, are used by some of the world's most beloved brands and complex companies to achieve omnichannel excellence and drive more efficient growth.
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