Yottaa raises $13M

What does Yotta do?

Yotta, is a leading software as a service platform for accelerating eCommerce. It is an eCommerce Acceleration platform. The company has a ContextIntelligence architecture which is an online business that can manage, accelerate, secure end user experiences on all the devices real time with 0 code change. Many Internet retailer 500 companies have adopted this platform for realizing billion sin incremental revenue via dramatic improvements across business metrics and key performance. This company is bringing online retailers a new class of technology which is becoming a standard in every eCommerce stack. In the present times of hugely increased eCommerce ecosystem complexity, this company is giving speed and control back on retailers online. The company is providing them control and speed back.

How much Yottaa was funded?

The company raised $13M in undisclosed on November 15, 2016 from Stata Venture Partners and General Catalyst Partners.

Previous funding

• $4M in Series A on August 31, 2010 from General Catalyst Partners, Stata Venture Partners and SVASE/Cambridge West Ventures.
• $9M in Series B on May 22, 2012 from General Catalyst Partners, Cambridge West Ventures and Stata Venture Partners.
• $16M in Series C on July 10, 2013 from Intel Capital, General Catalyst Partners and Stata Venture Partners.
• $10.45M in undisclosed round on December 31, 2014 from Intel Capital, Stata Venture Partners and General Catalyst Partners.

What is next for Yottaa?

Yottaa plans on scaling the company for meeting its rapidly growing demand for eCommerce Acceleration platform. The company has also announced Rich Stendardo as its CEO, for further growing the leadership in eCommerce acceleration. It plans on using the latest funding raised for growing all operational areas, including marketing, sales, network and engineering operations all over the world.

More about Yottaa

Yottaa was founded on April 1, 2009 by Bob Buffone. It has its headquarters in Waltham, MA.