Duda, a leading professional web building platform for digital agencies and SaaS companies, is announcing that it has acquired Snipcart, an e-commerce solution that lets businesses add a shopping cart to any website. The acquisition comes hot on the heels of a successful round of $50 million in Series D Funding, bringing its total funding to $100 million thus far.
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Snipcart's dynamic team of experienced developers, marketers, and managers has built a state-of-the-art e-commerce platform used by thousands of customers worldwide. Duda plans to use its acquisition of Snipcart to double down on its e-commerce capabilities in order to provide both superior technology offerings and to welcome an experienced team into its ranks.
"With this exciting step, we intend to strengthen Duda's presence within the marketplace and focus on providing a robust e-commerce solution, we believe that in Snipcart we found an innovative and flexible platform and a super passionate team that we are excited to welcome into the Duda family," said Duda co-founder and CEO Itai Sadan.
"We're thrilled to join Duda! We cherish our bootstrap beginnings, but this booming market gave us a sense that we were only scratching the surface of how far we could get," said Snipcart CEO Francois Lanthier Nadeau. "When Duda approached us, we discovered strong synergies within this partnership," he added.
