Black Dragon Capital injects new funding, eyes future growth at Digital Goodie, creator of leading software for online retail sales

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Dec 20, 2018, 17:00 ET

MIAMI, Dec. 20, 2018 /PRNewswire/ -- Black Dragon Capital announced it will augment Digital Goodie, a technology company recognized as a leading creator of software for online retail sales, with an additional funding round as Digital Goodie transitions leadership and gears up for its growth phase.

"It's really exciting to see Black Dragon's overall investment in Digital Goodie prove fruitful as it moves to the growth phase with a healthy, maturing client base. At Black Dragon, we are experienced entrepreneurs and operators who understand the critical importance of this stage in the life of a company and are prepared to assist Digital Goodie to ensure stability and to solidify its position in the marketplace," said Louis Hernandez Jr., founder, chief executive officer and managing director at Black Dragon Capital.

Digital Goodie's board of directors engaged Moris Chemtov, an experienced digital commerce executive, as senior operating advisor to help evaluate non-organic growth opportunities that fit with the company's business strategy. Jani Jääskeläinen was named deputy managing director at Digital Goodie, which has engaged an international recruiting firm to expand the leadership team. The company's co-founder and former CEO, Kalle Koutajoki, will move to the board of directors as a shareholder and assist with the transition.

"We welcome Moris and Jani as they join Digital Goodie's strong management team. Moris is a proven executive with a history of successfully growing and leading high-growth digital commerce companies. Jani is a dedicated and effective leader in management and business development with the ability to support strategic decisions necessary for the organization's growth," said Irwin Kramer, chairman of the Digital Goodie Board of directors who has founded, operated, advised and invested in market changing technology companies.

Digital Goodie's connected commerce platform can be customized to simplify e-commerce operations for retailers of all sizes wanting to offer online sales. The company was listed in the August 2018 Gartner Digital Commerce Vendor Guide as one of the world's leading digital commerce platforms.

Black Dragon Capital is a private equity firm based in Miami with a focus on growth investments, particularly in digital commerce, financial services and media technology. Black Dragon's team of industry professionals have significant operational experience, strong financial backgrounds, proven track records of success and investment experience, ranging from startups to billion-dollar organizations in both public and private vehicles. The company leverages its network expertise and deep domain knowledge to assist in accelerating growth and profits in selected markets – all while working closely with entrepreneurs. Learn more at blackdragoncap.com.

About Digital Goodie
Digital Goodie is a digital commerce company providing a modern and fully customizable connected commerce platform. The company's strategic partners and clients include e.g. Finland's largest retailer S Group with more than 1 million consumers using Digital Goodie's shopping solution. Digital Goodie is backed by the US based eCommerce growth fund Black Dragon Capital. The Digital Goodie platform runs on top of a new generation microservices architecture consisting of modular commerce and fulfillment solutions. Retailers can either utilize Digital Goodie's Commerce and Fulfillment solutions off the shelf, or build their own services and combine third- party components to create their own versions. Digital Goodie was founded in 2009, and has headquarters in Helsinki, Finland. http://www.digitalgoodie.com

Media Contact: Melissa Lichtenheld, 305-372-1234
Wragg & Casas Strategic Communications
[email protected]

SOURCE Black Dragon Capital