What is Centarro?
Centarro provides comprehensive eCommerce solutions built on the Drupal Commerce platform, catering to both B2B and B2C markets. Their services encompass full eCommerce builds, seamless migrations, and expert consulting, enabling over 40,000 merchants globally to optimize their online sales. The company emphasizes leveraging the stability and security of open-source software, complemented by managed hosting and dedicated support options. This strategic focus on open-source commerce positions Centarro as a key player for businesses seeking flexible and scalable online retail infrastructure.
How much funding has Centarro raised?
Centarro has raised a total of $12.3M across 2 funding rounds:
Series A
$5M
Series B
$7.3M
Series A (2012): $5M with participation from ISAI, Alven, and Open Ocean Capital
Series B (2014): $7.3M led by ISAI, Alven, Hi Inov, and Open Ocean Capital
Key Investors in Centarro
ISAI
ISAI is an investment firm that has backed Centarro in previous funding rounds, indicating a strategic interest in the company's growth and market potential within the eCommerce technology space.
Hi Inov
Hi Inov is a venture capital firm focused on supporting innovative technology companies, suggesting their investment in Centarro aligns with a strategy to foster growth in the digital commerce sector.
Open Ocean Capital
Open Ocean Capital is a venture capital firm known for investing in early-stage technology companies, highlighting their belief in Centarro's potential to scale and lead in the Drupal Commerce market.
What's next for Centarro?
The recent major strategic investment signals a pivotal phase for Centarro, likely enabling accelerated platform development, expansion into new markets, and enhanced service offerings. This capital infusion is expected to bolster their capabilities in supporting a growing base of merchants and further solidifying their commitment to the Drupal community. Future initiatives may include deepening their B2B and B2C functionalities, enhancing their managed hosting solutions, and potentially exploring new partnerships to broaden their reach and impact within the global eCommerce landscape.
See full Centarro company page
