Ally Commerce Secures Series B Funding to Accelerate Adoption of Its E-Commerce-as-a-Service Platform for Manufacturers
October 01 2015 - 7:58AM
Ally Commerce, an e-commerce technology company, today announced it
has received Series B funding from the UPS Strategic Enterprise
Fund, the strategic investment arm of UPS (NYSE:UPS). This brings
the total funding from all investors of Ally Commerce to $8.4
million.
“Ally Commerce has built a turnkey solution that handles all
aspects of an e-commerce operation and delivers significantly
better results to brand manufacturers that are selling
direct-to-consumer online,” said Jason Rubottom, CEO of Ally
Commerce. “The percentage of manufacturers selling direct is
growing at 71 percent a year*. This recently became the fastest
growing segment in e-commerce."
“UPS invested because the technology that Ally Commerce has
developed has the potential to significantly impact e-commerce
results for customers in several markets,” said Alan Gershenhorn,
UPS executive vice president and chief commercial officer. “The UPS
Strategic Enterprise Fund continues to invest in innovative
companies that are evolving business models and creating new
technologies and revenue streams.”
One of Ally Commerce’s clients is D-Link, a global leader in the
manufacturing of computer networking products such as routers, home
security cameras, and connected home products. “Last year we
switched away from a different company to partner with Ally
Commerce on our direct-to-consumer business,” said Andy Lee, D-Link
head of e-commerce. “In just one year, Ally grew our revenue by 125
percent, grew our profit by 254 percent, and reduced our total cost
of ownership by 72 percent. We anticipate that we will double
revenue and profit again in the next year with Ally. I've been
amazed by what Ally’s technology does to enable this growth."
Ally Commerce has grown quickly in just two years because of its
technology and core expertise in e-commerce solutions for brands.
Presently, more than 50 percent of brand manufacturers outsource
their e-commerce business because they lack the capabilities and
expertise. Ally Commerce serves as a strategic partner to brand
manufacturers by providing a digital storefront operation that
realizes significant revenue results almost immediately and
requires no technology integration.
*-Source: Economist Intelligence Unit Survey in “Going Direct:
The Journey from Wholesale Brand to Direct-to-Consumer Retailer” by
Kurt Salmon
About Ally Commerce: Founded in 2013, Ally
Commerce works directly with brand manufacturers who are
considering or already are selling direct to consumers online. Ally
Commerce offers a full suite of e-commerce solutions including: the
full technology platform, site creation, inventory management,
fulfillment, customer service, returns management, refurbishment,
and marketing. With Ally Commerce, a brand manufacturer can be in
operation with a digital storefront in just 24 days, with no
technology integration required. For more information, visit us at
www.allycommerce.com or call (866) 994-1354.
About UPS Strategic Enterprise Fund: The UPS
Strategic Enterprise Fund is the private equity strategic
investment arm of UPS (NYSE:UPS). Established in 1997, the
Fund is a corporate venture capital group that focuses on
innovation, developing critical partnerships and gaining
knowledge returns from its investments in technology companies and
emerging market spaces.
About UPS: UPS (NYSE:UPS) is a global leader in
logistics, offering a broad range of solutions including
transporting packages and freight; facilitating international
trade; and deploying advanced technology to more efficiently manage
the world of business. Headquartered in Atlanta, UPS serves more
than 220 countries and territories worldwide. The company can be
found on the web at ups.com® and its corporate blog can be
found at blog.ups.com. To get UPS news direct,
visit pressroom.ups.com/RSS.
Contact: Andy McGowan
andy@watkinsmcgowan.com
404-834-3481
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