Ecommerce Technology Startup NuORDER Raises $8 Million

NuORDER announced it has secured $8 million in Series B financing. Six investors contributed to the round: Argentum Capital Partners, Upfront Ventures, Greycroft Partners, Cowboy Ventures, Novel TMT Ventures, and Box Group.

NuORDER has been dedicated to helping businesses increase their B2B sales since 2011 and currently empowers B2B ecommerce sites for more than 800 vendors and 300,000 buyers. NuORDER gives sales teams and buyers a central place to browse products and catalogs, access up-to-the minute sales and inventory data, and place orders from their computers or the company’s mobile app. NuORDER’s ecommerce platform is flexible and scalable, whether companies are selling designer jeans, consumer electronics, or beauty products.

The company revealed that NuORDER will use the investment to continue expanding into new industries and enlarging its product line to drive richer interactions and increase productivity for its customers.