Duda announced Wednesday (sep-1, 2021) that it acquired Canada-based Snipcart, a startup that enables businesses to add a shopping cart to their websites.
The acquisition is Palo Alto-based Duda’s first deal and follows the website development platform’s $50 million Series D round in June that brings its total funding to $100 million to date. Duda co-founder and CEO Itai Sadan declined to comment on the acquisition amount.
Duda, which works with digital agencies and SaaS companies, has approximately 1 million published paying sites, and the acquisition was driven by the company seeing a boost in e-commerce websites as a result of the global pandemic, he told TechCrunch.
Read more: https://techcrunch.com/2021/09/01/web-building-platform-duda-snaps-up-e-commerce-cart-tool-snipcart/