Chain Reaction Ecommerce, a US-based payments security firm, has secured almost USD 1 million in funding round, a Securities and Exchange Commission document has unveiled.
Since its inception in 2002, the company has raised about USD 6.2 million from investors such as venture firms TTV Capital and Miller Capital Partners.
Chain Reaction Ecommerce provides various markets with an e-commerce system, dubbed CRE Loaded, which allows them to achieve and maintain compliance with credit and debit card security standards. The company also offers e-commerce shopping cart software products for small or medium-sized online retailers worldwide.