Exciting changes are ahead for CoreCommerce. The company is proud to announce that it has been acquired by a group of entrepreneurs and business executives seeking to further expand its reach and provide more offerings to its thousands of clients located in more than 22 countries worldwide.
Matt DeLong, Founder of CoreCommerce, worked with Peter Marcum, Managing Partner of DevDigital, to assemble a group of executives to take CoreCommerce to the next level. In DeLong’s own words, “This investment allows us to further invest in the platform and bring in new talent, which will in turn bring more value to our clients”. Peter Marcum says, “Matt has built the company into a solid enterprise, a feature rich, reliable platform for online businesses worldwide.”
The transaction included a total of four new investors, consisting of:
- Michael Thompson – Former SVP, Sales & Marketing at Fleet One
- Peter Marcum – Managing Partner at DevDigital
- Dr. Turner Nashe – President at IDS
- Brendan McDonnell – Executive at Medical Ventures, Inc.
Matt DeLong will remain on as a key partner, and Michael Thompson has been named the new CEO. Thompson says that he is, “thrilled to lead CoreCommerce. Our integration with over 100 payment gateways and 3rd party tools; our multi-currency, multi-lingual capability; and our full PCI-DSS level 1 certification for payments uniquely position us as a world class provider of a safe, reliable, scalable eCommerce products for our B2C and B2B clients in the United States and around the world”.