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b2b international

Accenture Acquires Altitude to Enable Companies Leverage IoT Opportunities

Accenture has acquired Altitude, a Boston-based design, and innovation consulting firm. The latest acquisition will enable Accenture to leverage Altitude’s years of experience in curating innovative products and experiences that resonate with wide range of customers, both B2C and B2B. Altitude is known as an award-winning product developer, integrating the fine nuances of technology, design and customer experience together. Over the course of time, Altitude has helped its customers turn novel technology into a…

Salesforce Invests in CloudCraze, Who Raise $20 Million in Series A Funding

Working with Salesforce is infectious for its partner; albeit a productive one. Beginning the year with a bang, continuing with its traditional celebratory mood since 2015, CloudCraze, Salesforce's natively-built enterprise e-commerce platform, has secured $20 million in funding. The Series A funding is led by Insight Venture Partners, partnered by Salesforce Ventures. The latest round of funding is expected to accelerate B2B commerce product development and team expansion across the US and EMEA. CloudCraze, as…

Magento Raises $250 Million Funding from Hillhouse Capital; To Scale Omnichannel E-Commerce Operations in Asia

Open source e-commerce platform Magento secured $250 million funding from Chinese alternative investment firm Hillhouse Capital Group (“Hillhouse”). The latest round of funding will boost Magento’s global expansion plans, especially in Asia. The funding will help the omnichannel e-commerce solution provider focus on becoming an independent firm. The parties were not available for any comment on the stake Hillhouse holds in Magento following the investment. According to The Financial Times, the current Magento’s valuation…