Easycom secures SEK 14 million from new and existing investors.

Easycom, a Borås, Sweden-based SAAS developer for ecommerce businesses, announced that it raised a SEK 14M ($1.6M) capital investment round.

The money was raised from new and existing investors, matched by a SEK 4M contribution of Almi Invest. The capital will be used for development, marketing and sales.

Easycom, founded in 2016 and led by CEO Peter Hietala, developed a software solution for online retail companies, which simplifies and streamlines the e-commerce process for both the e-merchant and the consumer through smart, digital return management.

Prior to this round, in 2019, Easycom raised SEK 6M from a range of angel investors from Sweden.