Mirakl to invest over £20 million in UK market by 2022
Newly minted unicorn Mirakl is set to invest at least £23.5 million in the UK market over the next two years, as the Paris-based e-commerce venture looks to accelerate growth across Northern Europe.
Mirakl’s technology helps companies build marketplaces and online stores.
The aforementioned cash, raised as part of the company’s £236 million Series D round, which valued it at £1.2 billion, will be used to create 40 new jobs in the UK, and bolster operations.
“Demand for marketplaces is booming in the UK. However despite clear consumer appetite, many businesses have yet to adopt a platform model,” comments Mirakl General Manager, Brendan Walsh.
“With our expansion, we will make it easier than ever for British companies to launch and grow an enterprise marketplace at scale, capitalise on the platform opportunity and gain a competitive edge in today’s digital economy.”
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