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About Spree Commerce
Spree Commerce is an open-sourcee-commercesolution based on Ruby on Rails. On July 1, 2011, Spree received $1.5 million in seed funding from AOL and True Ventures. On February 25, 2014 Spree raised an additional $5M in Series A funding led by Thrive Capital. Also participating were Vegas Tech Fund (led by Zappos CEO Tony Hsieh), Red Swan (led by Bonobos CEO Andy Dunn) as well as existing investors True Ventures and AOL Ventures. After the First Data acquisition, developers from Spark Solutions and VinSol now maintain and develop the Spree Commerce Open Source project. In 2016 an OpenCommerce Conference was held in New York to showcase newest e-commerce projects running on Spree 3.x version. Many well known and successful brands and startups are using Spree Commerce for their e-commerce businesses.