- inRiver, a Malmö, Sweden-based provider of product information management solution for businesses to sell more products, closed a $32m funding round
- The round was led by Lugard Road Capital with participation from existing investors Verdane, Industrifonden, Zobito, and RoosGruppen
- The company intends to use the funds for meeting customer demand, continued product development, and further global expansion
- inRiver provides a SaaS based product information management solution that integrates with other technologies
- The solution enables better customer experiences for branded manufacturers, industrial manufacturers, and retailers to sell their products
- inRiver also has offices in Chicago and Amsterdam
