VC-backed commerce tech platform Orckestra buys Composite
Orckestra Inc has acquired Danish software company Composite for an undisclosed sum. Orckestra, a Canadian provider of cloud-based commerce solutions, said Composite's open-source content management system platform, C1, will enhance its technology, which serves mid-sized to large retailers, grocers and branded manufacturers. The transaction will also give the Montréal-based startup a direct presence in the European market. Founded in 2006, Orckestra is backed by Fondaction CSN, W Investments and the Fonds de solidarité FTQ. It raised $8 million in a Series A financing in September 2014.
8 September 2015•3 mins read
