e-commerce Company Global-e Raises $20M

May 9, 2016 | Israeli cross-border e-commerce specialist Global-e has raised a $20 million financing round led by Red Dot Capital Partners, an investment fund for growth-stage technology companies funded by Temasek Holdings, the Singapore government-owned investment company. The capital will be used to support and accelerate Global-e’s growth and expansion in Europe and other target markets. Established in 2013 by CEO Amir Schlahet, COO Shahar Tamari and CMO Nir Debbi, the company is headquartered in London and has its development center in Petah Tikva. Global-e is a European provider of cross-border solutions for e-commerce retailers, enabling them to provide a localised e-commerce offering in more than 200 destinations worldwide. Global-e works with a growing number of leading retailers, including Crabtree and Evelyn, Astley Clarke, Illamasqua, and Griffin Technology.