Sunday, January 17, 2021

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inRiver: Closes $32M in Funding

  • 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

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