Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Top tech stats: Job automation, driverless cars and much more

News

Startup Weekly: Nesta’s £5m prize fund, Digital Catapult and Seedcamp’s VR cohort and much more

Investments

FinTech startup Quantexa lands $3.3m Series A led by Albion Ventures and HSBC

Press Releases

Starling Bank unveils beta as it begins roll out to first customers
VentureFounders surpasses £40m funding mark in 2 years of operation
Software testing leader TestPlant appoints Dr. John Bates as CEO

E-commerce startup Paddle lands $3.2m in funding

digital business
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Paddle, an e-commerce platform for software businesses, has announced the closure of a $3.2m Series A funding round led by BGF Ventures with participation from Spring Partners.

Founded in 2012, the startup provides e-commerce management for software and digital businesses, including global sales, handling sales tax, checkout and support.

Christian Owens, founder of Paddle and a 2016 Thiel Fellow, commented: “We’ve been growing really fast over the last two years, and are planning to invest to continue this growth. We’re roughly doubling the size of our engineering and sales teams over the coming months to keep up with growth.”

Paddle was first backed by Mark Pearson, founder of MyVoucherCodes, and Mark Evans.

Harry Briggs, of BGF Ventures, said: “Paddle provides a complete suite of integrated tools that I think of as ‘Shopify for software’. To put it crudely, in the software goldrush, we believe Paddle makes the best shovels, or, er, paddles.”

Enter your e-mail address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

jobs automation top tech stats

Top tech stats: Job automation, driverless cars and much more
posted 6 hours ago

Startup Weekly

Startup Weekly: Nesta’s £5m prize fund, Digital Catapult and Seedcamp’s VR cohort and much more
posted on March 24, 2017

London skyline

FinTech startup Quantexa lands $3.3m Series A led by Albion Ventures and HSBC
posted on March 24, 2017

The North of England

The top tech hubs in the North of England
posted on March 24, 2017

TWIT Emily 23.03.17

A $30.4m Series B, a £120m AI fund, a Mario Kart hack and more in The Week in Tech
posted on March 24, 2017

Tech and banking

How tech is shaking up the world of banking
posted on March 23, 2017