As a global provider of search, merchandising, and personalization software built exclusively for ecommerce, Searchspring helps enable brands to get the right product, to the right person, at the right time.
PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams.

SearchSpring has long been a player in the Shopify ecosystem for some time, in what is an extremely competitive market with other players like Nosto and Klevu.

Many times, these types of investments are acquisitions, but that’s not how they announce it.  It’s not clear if that’s the case here but the fact that this is not announced as something like Series B or C, could point to the fact that this is an acquisition.

Business Wire: Searchspring Announces Strategic Growth Investment from PSG