French cloud e-commerce solutions firm Oxatis bags €5 million in funding

France-based e-commerce solutions company Oxatis has raised €5 million to accelerate its European expansion as it hits 10,000+ active e-commerce sites.

The capital comes from Arkea Capital and prior backers A Plus Finance and OMNES CAPITAL.

Oxatis trades under the Actinic brand in the UK, the Xopie brand in Spain and MYTHO in Italy, and says it aims to quadruple its turnover in the coming 5 years by doubling down on the four markets it currently operates in.

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