# Ecwid

Ecwid provides a SaaS based e-commerce platform that targets micro-small business customers and enables them to quickly and seamlessly stand up a fully-featured online storefront across multiple channels.

## Entrepreneur(s)
Ruslan Fazlyev

## Sector(s)
Commerce Technology

## Investment Team
- [Phil Dur](/content/team/phil-dur/index.html)
- [Jack Freeman](/content/team/jack-freeman/index.html)
- [Kyle Reitinger](/content/team/kyle-reitinger/index.html)

## Investment
$42M Series B

## Location
Encinitas, CA

## Status
Exited

## Partnership
It was a blast working with you, Phil! You absolutely crushed every possible expectation on how much resource, effort, and value an investor can allocate to a portfolio company, and you were always very timely; when you called us it was usually a second earlier to us understanding we needed you.  
\- Ruslan Fazlyev, Co-Founder & CEO of Ecwid

## FOUNDED
2009

## Partnered
2020, $42M Series B

## CURRENT STATUS:
$500M Acquisition by Lightspeed

## Investment Team
  
**Phil Dur**  
[Co-Founder & Managing Partner](/content/team/phil-dur/index.html)

**Jack Freeman**  
[Partner](/content/team/jack-freeman/index.html)

**Kyle Reitinger**  
[Principal](/content/team/kyle-reitinger/index.html)

## INSIGHTS & PRESS

### Ecwid Raises $42M From Morgan Stanley and PeakSpan  
[Explore this Resource](/content/resources/news/ecwid-raises-42m-from-morgan-stanley-and-peakspan/index.html)  
May 21, 2020