Dive Brief:

• E-commerce software firm Volusion, maker of Mozu e-commerce technology, announced $55 million in financing led by Main Street Capital Corp.

• The money will go to expanding Mozu’s business base from mainly small retailers to include more mid-size and larger companies.

• Volusion was founded in 1999 and launched its Mozu platform in 2013.

Dive Insight:

Volusion’s Mozu was designed for this moment in retail. Like Demandware and similar platforms, Mozu provides scalability for retail logistics across channels right when retailers need the technology to coordinate orders and inventory on mobile, via computers, and in store.

“Mozu’s first year went better than any of us could have anticipated and this round of funding will be instrumental in fanning the fire of Mozu altering the enterprise space,” Volusion CEO Clay Olivier says.