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Teikametrics Raises $40M To Optimize Ecommerce Listings

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Teikametrics, a self-styled ecommerce optimization startup, has raised $40 million in a venture funding round. : Teikametrics, an ecommerce optimization platform, today announced that it raised $40 million in a series B round led by Intel Capital, GoDaddy, Centana Growth Partners, Jump Capital, Granite Point Capital, and Lydia Jett, head of ecommerce at SoftBank Vision Fund. CEO Alasdair McLean-Foreman says that the proceeds will be put toward hiring software engineers, data scientists, and ecommerce experts in addition to sales and marketing support as Teikametrics’ platform scales up. There’s been a surge in online sales during the pandemic.

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