Cymbio News
8 articles
growth-positive
/PRNewswire/ -- Cymbio, the leading marketplace and social commerce automation platform for brands like New Balance, Balenciaga, and Juicy Couture, today...
Cymbio, a leading marketplace and social commerce automation platform, has announced its integration with SAP Commerce Cloud through the SAP PartnerEdge program. This partnership allows Cymbio to offer its Multi-Channel Expansion solution on the SAP Store, enabling brands to automate and manage their marketplace and social commerce operations across over 800 global channels. The integration aims to streamline operations, reduce time-to-market, and provide real-time analytics for brands using SAP Commerce Cloud. Cymbios platform is backed by over $35 million in funding from investors like PayPal Ventures and Vertex Ventures, and it serves notable customers such as Balmain, Reebok, and Fabletics.
Partners
growth-positive
PayPal Ventures Invests in Commerce Automation Platform Cymbio
Cymbio, a marketplace and drop ship automation platform, has received an investment from PayPal Ventures. The investment will support Cymbio in expanding its capabilities and offering financial services to its customers. Cymbios platform enables brands to easily integrate their product catalogs and manage operations across channels. It acts as a technology bridge, connecting brands to 800+ marketplaces, retailers, and ecommerce solutions worldwide. The investment from PayPal Ventures reflects the importance of Cymbio in enabling brands to shift to a multi-channel commerce model. Cymbio will be attending the Shoptalk 2022 conference to discuss its developments and the future of retail.
Investment
growth-positive
Cymbio raises $20 million Series B for digital commerce platform
Israeli startup Cymbio has raised $20 million in a Series B financing round led by Corner Ventures. The company provides a centralized platform for brands to manage marketplaces, drop ship, boutiques, retail set-up, and onboarding. Cymbios technology helps brands connect with retailers and marketplaces, allowing them to start selling on thousands of platforms. The funding will be used to continue innovating, expanding partnerships, and supporting brands growth. Cymbios clients include New Balance, Authentic Brands Group, Steve Madden, Marchesa, Camper, and Micro Kickboard.
Investment
growth-positive
"Salesforce for eCommerce": Cymbio raises $7 million series A for its brand connectivity solution
Cymbio, a brand-to-retail connector, has raised $7 million in series A funding. The platform helps connect brands to online marketplaces and retailers. The funding round was led by Vertex Ventures and included participation from Yuval Tal, founder of Payoneer. Cymbio automates drop ship and marketplace operations for brands, streamlining the process and eliminating the need for manual work. The company has experienced significant growth, working with over 300 brands and 600 retailers. It has helped brands increase their digital revenue by an average of over 65% and units sold by 47%. Cymbio is used by international retailers such as Macys, Nordstrom, and Costco.
CustomersPartners
growth-positive
Up Close: In Conversation with Cymbio's Roy Avidor
Roy Avidor, CEO of Cymbio, discusses the importance of learning from other industries, the significance of customer service and loyalty, the companys decision to offer a holistic hub for automating dropship and marketplace work, the importance of agility and innovation, the apparel industrys focus on online sales channels, and concerns about global unemployment rates. Cymbios dropship and marketplace automation platform seamlessly connects and automates processes for brands, retailers, and vendors.
CustomersExpand
Cymbio Releases Ship-from-Store Module
growth-positive
Melissa U.S. Taps Tech Firm Cymbio to Boost Sales Initiatives
Melissa U.S. has chosen tech firm Cymbio for its wholesale growth platform. Melissa tested the platform for six months and experienced a lift in units sold. They plan to implement Cymbio with 400 existing retailers and new accounts. The platform will enable Melissa to provide retailers with the opportunity to display and sell products in-store and online, with shipping directly from the brands warehouses. Cymbio will automate the entire sales process. Brands and retailers are recognizing the wholesale business as the next growth engine.
PartnersCustomers
growth-positive
Israeli co Cymbio ends 'no results found' shopping page
Cymbio, a new Israeli startup, aims to bring the recommendation and referral engine revolution to online shopping. Similar to Outbrain and Taboola in the content world, Cymbios system can recommend additional results on the same site or on an external site. The founders claim that 10% of online shoppers come to a dead end on the site they are using, and Cymbio aims to prevent that by providing recommendations. Cymbio operates on an affiliate model, where an external site pays Cymbio for a referral from certain sites. The company has already indexed more than half a million products and focuses on smaller sites. They also use external referrals to products on Amazon and eBay as a safety net until they have enough sites in their network.
Customers
