Vancouver-based LemonStand, which helps web developers, agencies and fast growing brands create customized online stores, announced $1.25 million in funding to build its product.
The seed funding was led by BDC Capital, Silicon Valley-based angel investors Barry X Lynn, Paul Rochester, Hank Massey, and angel investors. The company said it will use the funding to invest in continued product development and to accelerate recruitment of new web designer and agency partners.
“We built LemonStand for web designers and their fast growing clients. They no longer want to work with outdated, complex, and high maintenance server-based platforms, but have been frustrated with the limited flexibility of the many cloud based ‘do-it-yourself’ solutions out there,” said LemonStand founder and CEO Danny Halarewich. “Anyone who’s had success growing an eCommerce business knows that slapping up an online store in 15 minutes that looks just like hundreds of others out there isn’t good enough.”
LemonStand cloud-based platform targets small and mid-sized online retailers that often with web design agencies on their brand and marketing strategy. The company leverages the operational benefits of the cloud with the power and flexibility web designers usually only find with open source and enterprise platforms.