8fig, the Austin, Texas revenue-based lender that specializes in growth capital for e-commerce businesses, announced it has secured a $140 million Series B, comprised of $40 million in equity and a $100 million credit facility. Koch Disruptive Technologies led the round. Existing investors Battery Ventures, LocalGlobe, Hetz Ventures, the Jesselson family, and Silicon Valley Bank – now a division of First Citizens Bank – also participated.
E-Commerce Funding Startup 8fig Locks In $140M