[ NewStore raises $50M in Series B ]

NewStore  has raised $50 million in Series B funding.

Founded in 2015, NewStore  is a mobile retail platform that empowers brands to deliver an extraordinary end-to-end shopping experience.

The round cements NewStore as the dominant player in mobile commerce. Total capital raised to-date now stands at $90 million. The company will use the investment to expand its innovative platform and rollout the solution for retailers looking to realize their omnichannel aspirations.

Funding  Series B
Founded  2015
Country  USA
City  Boston, Massachusetts
Founder / CEO  Stephan Schambach
Deal Size  $50M
Investors  General Catalyst
 Stephan Schambach
 Activant Capital
Previous Investors  General Catalyst
 Stephan Schambach