Ixtens is a New York-based SaaS company that powers marketplaces for online retailers and media companies. Its product is multichannel ecommerce software integrated with marketplaces such as Amazon, eBay, Shop.com, Buy.com and Overstock.com. The platform lets merchants syndicate goods to multiple marketplaces and operate without ever touching physical inventory, addressing inventory financing. Merchants can also turn an online store into a marketplace by selling integrated third-party inventory. Ixtens plans to target the billion-dollar online retail market by working with large retailers and opening the platform to mid-market players. The company operates in what the article describes as an unfashionable but extremely profitable multichannel ecommerce software space.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2010