Today, we are excited to announce our $5 million Series A round of funding led by Initialized Capital.
Our mission has always been to make ecommerce simple. Now more than ever, as online shopping channels evolve and new channels emerge, it's important for retailers and brands to centralize and simplify operations through automation to gain a competitive advantage in the marketplace.
This funding will allow us to invest heavily in our core platform -- product information, inventory, pricing and order management -- and we will be aggressively building out our ecosystem of shopping channels and value added third party integrations. Most importantly, we will be doubling down on our technical support and customer success programs to ensure every Zentail merchant has the greatest opportunity to grow faster than the industry.
Our partnership with Initialized began in 2012. During and after our participation in Y Combinator's Summer 2012 batch, we received mentorship from former Y Combinator partners and current Initialized co-founders Garry Tan and Alexis Ohanian. We're excited to be building Zentail alongside Eric Woersching, General Partner at Initialized, who has joined our board of directors. Eric brings a wealth of knowledge and strategic focus to our team.
We'd like to formally thank all Zentail customers for continuously inspiring us. We have come a long way since our launch in August 2015, building our product brick by brick on thoughtful feedback to create the world's best platform to simplify and grow ecommerce businesses. We measure our success based on our ability to diversify and grow your retail businesses with increased efficiencies and productivity. We value our partnership and realize the great trust put on us to manage every aspect of your business. That great trust is something we strive to earn from you every day. Your support and feedback means everything to us; know that the next part of our journey would not be possible without it.
We'd also like to thank our employees, the Zentailians. Your grit, creativity and dedication is a constant reminder of how truly special our team is and how honored we are to be a part of it. We are strong believers in hiring the smartest and most ambitious people in the world and giving them the freedom to work on interesting problems and manage themselves. You are continuously proving us right.
If you're a retailer or brand, we would love to identify opportunities to automate your operations and help you reach consumers on every major shopping channel. The best way to reach us is through a direct Zentail demo request or by dropping us a line: email@example.com.
We're excited to launch the next phase of our mission with you by our side.
Daniel, Dan & The Zentail Team