Estimated reading time: 0 minutes, 34 seconds


Xentral, which makes ERP systems for SMBs, has raised $20 million in Series A funding. Based in Augsburg, Germany, the company will use the funding to expand in Europe initially and later in the United States and the United Kingdom.

Xentral says current ERP systems are often too complex, too expensive and inflexible for smaller businesses and will also invest in product development, recruiting. The round was led by Sequoia Capital with participation from Visionaries Club. Sequoia’s Luciana Lixandru. The software vendor’s applications include order and warehouse management, packaging, fulfillment, accounting and sourcing. Xentral says it offers ERP for eCommerce, FBA merchants, retail, wholesale,  produecrs and manufacturers, service providers and fulfillment service providers

Read 173 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.