Javest leads Voradius round
Javest Investment Fund has led a second round of funding for Voradius, the Dutch operator of a local products search engine, alongside private investors.
Voradius will spend the capital on further development of its search engine, focusing on cross-commerce. It has recently been focusing on the cross-commerce space in the US.
The company will also invest in its marketing operations.
In conjunction with the funding round, Voradius has announced the launch of a new service specifically for smaller retailers.
Javest, an Amsterdam-based internet and technology-focused venture capital firm, typically invests €50,000-2m per company.
Previous funding
In December 2013, Voradius closed its first round of funding, receiving capital from Javest and two private investors. In conjunction with the round, the company created its advisory board to support its development.
At the time, the company listed 150,000 products from 14,000 shops on its platform.
Company
Founded in 2013 and headquartered in Amsterdam, Voradius is the operator of a search engine that lists local products and their availability in nearby shops. The company claims to have a product base of 500,000 listed on its site from 22,500 stores.
Voradius's service allows customers to reserve a product through its platform for collection from a store.
People
Maikel Brouwer is the chief technology officer at Voradius.
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