Gunderson Dettmer represented client Cart.com, a Houston-based company providing end-to-end e-commerce services, in its $98 million Series B financing led by Oak HC/FT. The new funding will allow Cart.com to further invest in technology development and increase the number of employees.

In the announcement of the transaction, CEO of Cart.com Omair Tariq said, “We are giving the power back to brands by giving them what they need to operate e-commerce. There are still a few pieces to fill in so brands have a unified experience, but with us, they can add fulfilment, marketing or customer conversion tools with the click of a couple of buttons.”

The Gunderson deal team was led by Wes Watts and Luke Thomas.

Cart.com