US-based CommerceIQ turns unicorn with $115 million funding

Retail e-commerce management platform CommerceIQ has closed a $115 million Series D funding round at a valuation of over $1 billion, achieving unicorn status. The round was led by SoftBank Vision Fund 2 and included participation from Insight Partners, Trinity Ventures, Shasta Ventures and Madrona Venture Group. Based in California, US, CommerceIQ also has offices in Seattle and Bengaluru.