Oxatis Group, a European e-commerce solutions provider, has received fundraising of EUR5 million from private investors secured by Arkea Capital and current investors.
Oxatis Group trades under the Actinic brand in the UK, the Xopie brand in Spain and MYTHO in Italy.
Marc Schillaci, CEO of Oxatis Group, says: "This significant funding reflects the dynamic growth of our business which we owe to our unique cloud based e-commerce solution. We have the ambitious goal to quadruple our turnover in the following five years, building on the quality of our solution, the expansion of our sales force and the intensification of our international approach in the four European countries where we operate: the UK, France, Spain and Italy.
"We are delighted to have convinced Arkea Capital and private investors to join us on this journey. This fundraising, combined with renewed backing from A Plus Finance and Omnes Capital is testament to their confidence in us and represents a vital asset in achieving the ambitious goals we have set.”
Oxatis Group is the only European e-commerce player using a cloud development environment, offering continuous development of new features and site improvements.
