Moltin Appoints Former Demandware Exec As CEO, Raises $8M In Series A Funding

  • February 27, 2018 at 9:59 PM EST
  • By Klaudia Tirico
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Digital commerce solution provider Moltin  has closed an $8 million round of Series A financing led by Underscore VC with existing investors Connect Ventures and Frontline Ventures. The funding brings the company’s total investment to $10 million.

In addition to the funding news, the company has tapped former Demandware executive Jamus Driscoll as its new CEO. Driscoll played an integral role in Demandware’s public offering in 2012 and its acquisition by Salesforce for $2.8 billion in 2016. Prior to Demandware, he held a variety of leadership roles at Oracle, ProfitLogic and Ascential Software.

Founded in 2013, Moltin is designed to help clients deliver unique experiences at every touch point.  The company’s APIs connect all the components of a commerce system, enabling retailers to deliver holistic experiences to consumers wherever they interact with the brand, including interactive digital displays, social media, smart television, video games or any other touch point. 




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