Magento Commerce announced at Imagine 2017 some major enhancements to its flagship product, Magento Commerce Cloud, including new capabilities for shipping, content management, social commerce, payments, and business intelligence. Read more on Tamebay...
Read MoreLeading technology website, TechCrunch, featured OurCrowd portfolio company Easy Social Shop, a startup that enables any online retailer to publish a fully operational storefront on Facebook in three clicks. Easy Social Shop, which lets online sellers integrate existing shops with their Facebook pages, announced today that it has raised $1.1 million from lool Ventures. This brings the Tel Aviv-based startup’s total funding so far to about $2 million. Easy Social Shop will use the capital to build new products and increase customer adoption. Founded in 2011, Easy Social Shop’s clients have opened over 80,000 Facebook stores, with over 8 million items hosted so far. The company says it drives an average of 10% to 18% sales growth across its user base and will add more marketing and monetization tools in the near future. Easy Social Shop raised $550,000 from OurCrowd investors in late 2012 and $195,000 in its 2nd round of funding in 2013. Read more on...
Read MoreOurCrowd’s portfolio company Easy Social Shop‘s founders Nissim Lehyani and Ofir Tahor have been featured on the first page of L’Express’ coverage of the Israeli startup scene. L’Express is a leading and influential French weekly news magazine. Rothschild Boulevard in Tel Aviv is not only renowned for its Bauhaus buildings. It became the haunt of more than 700 startups and 1,000 high-tech companies – which are concentrated there despite the high rents. “We are here in the heart of the ecosystem,” enthuses Lehyani Nissim, 31, creator of EasySocialShop, a boutique concept on Facebook. “You see this building?” asks Nissim Lehyani on the terrace of his tiny office. “Within five years, we will occupy the top three stories.” Read the full article in French here: La Toile de David – EasySocialShop (PDF...
Read MoreMeet Easy Social Shop, a platform that invites small and medium businesses to open “stores” on Facebook, allowing users to share products, rate them and perform direct purchases. People want to shop on “Facebook”, CEO of the company, Nissim Lehyani, explained to Calcalist. Tzachi Sultan, principal shareholder of Clal Finance Underwriting, and Nochi Dankner’s partner in the oil and gas drilling partnership Modiin, is joining the trend of investing in startups. Sultan invested 200-300 thousand dollars in Easy Social Shop, a startup which until now operated under the media’s radar, and which seeks to help small and medium businesses establish stores on Facebook. Broadly speaking, ESS is aiming to move the social network to becoming more like eBay and less like Facebook. ESS takes the product catalog that physical or virtual stores put on the Internet, and then transfers them to Facebook, allowing those stores to sell their products on the social network as well. The store manages the catalog on Facebook, and customers can rate the products, “Like” them and share them with their Facebook friends, and even...
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