Commerce platform Orckestra nets $12 mln in Series B round

Montréal-based Orckestra, a software and services provider, has secured $12 million in Series B financing, adding to the $8 million raised last year. Orckestra's existing investors, the Fonds de solidarité FTQ, Fondaction CSN and W Investments, committed to the latest financing. Founded in 2006, Orckestra has developed an omni-channel commerce solution for mid-size and large enterprise retailers, grocers and branded manufacturers. Its new investment will be used to expand the company's sales capabilities in North America and increased presence in Europe, complete the integration of Composite, acquired by Orckestra earlier this year, and other priorities.

10 December 2015•5 mins read
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