VC-backed Lightspeed buys Dutch e-commerce platform SEOshop
Lightspeed, which recently raised an $80 million Series C financing, has acquired SEOshop, an Amsterdam-based e-commerce specialist focused on the European market. No financial terms were released. As a result of the deal, Lightspeed, a cloud point-of-sale platform designed for retail merchants and restaurants, said it now serves 34,000 businesses in more than 100 countries, processing US$12 billion in annual transactions. SEOshop was backed by Dutch venture capital firm henQ. Montréal-based Lightspeed, founded in 2005, has raised a total of $145 million from its investors, which include Accel Partners, iNovia Capital, the Caisse de dépôt et placement du Québec and Investissement Québec.
19 November 2015•5 mins read
