Ecwid

Ecwid, Inc.
Industry E-commerce Software
Predecessor Ecwid, Ecwid, Inc.
Founded 2009
Founder Ruslan Fazlyev
Number of locations
 San Diego, California
Ulyanovsk, Russia
Key people
  • Ruslan Fazlyev (CEO)
  • Jim O’Hara (President)
Products Shopping Cart
Website www.ecwid.com

Ecwid (/ˈɛkwɪd/) is an e-commerce platform enabling individuals and businesses to create online store or add those to existing websites.[1][2]

History

Ruslan Fazlyev founded Ecwid in September 2009. Prior to the creation of Ecwid, Fazlyev founded X-Cart. As of May 2014, Ecwid reports more than 500,000 users in more than 175 countries and territories.[3][4] The site is available in 45 languages including English, Russian, French, Spanish, and Portuguese.[5]

On December 14, 2011, Ecwid announced acquisition of $1.5M in Series A funding. The initial venture funding came from Runa Capital and led to the opening of its US office.[6]

On May 28, 2014, Ecwid announced acquisition of $5 million in Series B funding. Ecwid plans on investing in product development as well as adding to its partner channel.[7][8]

Product

As a SaaS based platform, Ecwid can add online stores to any existing websites. However, Ecwid has been criticised for not being an end-to-end CMS platform.[9] Ecwid’s shopping cart is priced on a freemium model. The premium plans include Venture, Business, and Unlimited.[10][11]

Partnerships

In January 2013, Facebook platform Payvement announced shutdown and transition of 200,000 merchants to Ecwid. The acquisition of Payvement's merchants confirmed Ecwid as Facebook store builder with the most monthly active users.[12] In June 2013, Wix.com integrated Ecwid’s store builder application for their 35 million users.[13] In July 2013, website maker Webydo formed a partnership with Ecwid.[14] In February 2014, WordPress.com partnered with Ecwid to launch an integrated e-commerce tool for online storefronts.[15]

In July 2014, Endurance International Group announced the offering of Ecwid’s e-commerce solution for its customers.[16] In January 2015, Ecwid introduced eBay integration that simplified export of goods to auctions.[17]

See also

References

  1. ↑ Monty Munford (14 November 2013). "The 20 Hottest Startups in Russia". Mashable. Retrieved 9 June 2014.
  2. ↑ Grace Chan (11 April 2014). "Got a Store? You Need an App for That". Huffington Post. Retrieved 9 June 2014.
  3. ↑ Kia Kokalitcheva (28 May 2014). "Ecwid carts in new funding for its e-commerce widget". Venture Beat. Retrieved 9 June 2014.
  4. ↑ Jonathan Vanian (28 May 2014). "Ecwid raises $5M to help websites run online stores". Gigaom. Retrieved 9 June 2014.
  5. ↑ James Nickerson (19 September 2013). "Russia’s next tech titans". Financial Times. Retrieved 12 June 2014.
  6. ↑ Frank Cioffi (14 December 2011). "Ecwid Completes First Venture Funding From Runa Capital, Announces Silicon Valley, London Presence". Business Wire. Retrieved 9 June 2014.
  7. ↑ Pete Prestipino (28 May 2014). "Sell-Anywhere Storefront Ecwid Closes $5M Series B Investment". Website Magazine. Retrieved 9 June 2014.
  8. ↑ Ingrid Lunden (28 May 2014). "Facebook Commerce Leader Ecwid Picks Up $5M As It Passes 500K Users". Tech Crunch. Retrieved 9 June 2014.
  9. ↑ Frank Cioffi (11 April 2014). "Ecwid Review: Creating your Free Store with Ecwid". eCommerce Critic. eCommerce Critic. Retrieved 9 June 2014.
  10. ↑ Robert Brandl (8 Jan 2014). "Ecwid Review: Add E-Commerce To Any Website". WebsiteToolTester.com. WebsiteToolTester.com. Retrieved 9 June 2014.
  11. ↑ Chris Singleton (23 June 2013). "Ecwid review". Style Factory. Style Factory. Retrieved 9 June 2014.
  12. ↑ Sarah Perez (28 January 2013). "Intuit Acquires Facebook Ecommerce Platform Payvment's Team, Tech, And Patents While Ecwid Takes Its 200K Merchants". Tech Crunch. Retrieved 9 June 2014.
  13. ↑ Frank Cioffi (25 June 2013). "Ecwid Store Builder Available to Wix.com's 35 Million Users". Web Industry. Wall Street Journal. Retrieved 9 June 2014.
  14. ↑ Brian P Rubin (25 July 2013). "Website Maker Webydo Partners with Ecwid for Easy E- Commerce". Web Host Industry Review. Best Techie Holdings, Inc. Retrieved 9 June 2014.
  15. ↑ Tricia Duryee (25 February 2014). "WordPress.com launches integrated e-commerce tools for online storefronts". Web Industry. Geek Wire. Retrieved 9 June 2014.
  16. ↑ Nicole Henderson (18 July 2014). "Ecwid Allows Endurance Customers to Build Stores on Existing Websites". Web Industry. The Whir. Retrieved 21 July 2014.
  17. ↑ Irina Juzbekova (29 January 2015). "Ecwid provides Russian merchants an opportunity to export goods to United States and Europe". Technologies and media. RBC. Retrieved 27 February 2015.

External links