VC-backed BigCommerce plans for IPO this year: Bloomberg

Austin, Texas-based BigCommerce Inc, a provider of ecommerce software, is planning on going public this year, reported Bloomberg.

Austin, Texas-based BigCommerce Inc, a provider of ecommerce software, is planning on going public this year, reported Bloomberg. The news outlet noted that Morgan Stanley is working with BigCommerce on the IPO, which could value it at “roughly $1 billion.” Bigcommerce’s backers include General Catalyst Partners, Goldman Sachs and GGV Capital.

Source: Bloomberg