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Foundry Group led a $15m round in Vendasta.

Synopsis

Foundry Group, a venture capital firm, led a $15m round in Vendasta, an e-commerce platform. “Vendasta is the industry-leading platform for channel partners to market, sell, bill, fulfill, and deliver digital solutions to SMBs. Today over 200K small and medium-sized businesses are serviced through Vendasta’s platform. These new funds are earmarked for strategic acquisitions to achieve our mission. We won’t stop until our channel partners can provide everything their SMB customers need to run their business from a single login," Brendan King, Vendasta Founder and CEO.

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