Digital River provides API-powered, modular ecommerce and back-office solutions that handle payment processing, tax and compliance management, fraud mitigation, order management, and fulfillment for brands selling direct to customers. The company has unbundled its commerce stack into modular solutions so brands can build customized user experiences while relying on a consistent, seamless operating model across markets. It emphasizes an "Onshore Advantage"—a fully localized buying experience with consistent operations globally—to drive higher sales and customer satisfaction. Digital River plans to use new capital to accelerate its transition into a premier provider of API-based global ecommerce solutions, expand its partner ecosystem, and build global infrastructure. The funding will also support acquisition opportunities that complement its payments and back-office mission. The company states it has 25 years' experience and is headquartered in Minneapolis with offices across the U.S., Asia, Europe and South America.

Total raised

$50M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2020