Tech

Channelsight secures $7 million for future scaling

Dublin-based e-commerce company prepares for further growth as sales rise 40 per cent year on year

John Beckett, chief executive, ChannelSight: ‘We recorded huge growth during the pandemic as more brands looked to do more through digital channels and we've maintained such growth.’ Picture: Fergal Phillips

ChannelSight, the ecommerce firm founded by the man who built the first Ryanair website, has secured $7 million in debt financing ahead of a plan to raise $20 million from investors next year.

John Beckett, who co-founded the Clontarf-based company with Niall O’Gorman in 2013, told the Business Post that the company wasn't in a rush to draw down the funds it has secured from Liquidity Capital. But, he said, given how quickly ChannelSight is ...