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EcommerceBytes-NewsFlash, Number 2743 - February 20, 2012 - ISSN 1539-5065    5 of 5

eBay and Multi-channel Tool eSellerPro Receives Funding for Expansion

By Ina Steiner
February 20, 2012

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UK firm eSellerPro has received a one-million-pound from Notion Capital, following Notion's initial investment of 1.8 million pounds in 2010. The funding will support the company's growth plans over the coming years, which include product development and accelerating momentum in its core business. In addition, the new funding will go towards geographic expansion, including the U.S. market.

eSellerPro is a multi-channel SaaS solution for retailers that includes support for eBay and Amazon. Clients include Tesco Outlet, Dixons, Royal Mail, BMW, JJB Sports, Maplins, Whirlpool and BT Outlet. The platform processed 233 million pounds in sales on behalf of its customers in 2011 and will soon move through the 1 million pounds per day threshold.

In related news, eSellerPro launched its mShop platform in December, which allows retailers to create simplified mobile websites. mShop is an extension of eSellerPro's existing product range and can be used either as a stand-alone solution or integrated with the website. A spokesperson said eSellerPro provide mShop to their clients for 995 pounds as a standalone solution. However if they order a gold site with mShop, the price for mShop drops to 495 pounds, she said.

About the author:

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

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