Mirakl raises $70 million backed by Bain Capital with participation from existing investors 83North, Felix Capital, and Elaia Partners.

Mirakl, a Paris, France-based software company that develops ecommerce solutions for corporate and retail clients, announced closing a $70M series C funding round.

The money was raised from investors led by Bain Capital, with participation from existing investors 83North, Felix Capital, and Elaia Partners.

Mirakl, founded in 2011by CEO Philippe Corrot and Adrien Nussenbaum, developed and sells an API-based Marketplace platform as a SAAS helping B2B and B2C companies launch and grow their marketplaces. The company's revenue grew 200 percent from 2013 to 2014 and 80 percent from 2017 to 2018, and gross merchandise volume (GMV) — the total sales dollar value for merchandise sold through its online stores — was up 100 percent year-over-year last year, fueled by 60 new customer acquisitions and 37 new marketplaces.

Prior to this round, Mirakl raised a total of $30 million.