Recently, Shenzhen Eccang Technology Co., Ltd. (hereinafter referred to as “Eccang Technology”) officially announced that it has received nearly 10 million USD in Series A financing, led by N5Capital, and followed by Zhen Fund. This round of financing will be used for software research and development, high-end talent introduction, customer growth and ecosystem construction.

The first “middle office” service provider in the cross-border industry

Eccang Technology was established in Shenzhen in 2013, and is a cross-border e-commerce intermediary service provider that is positioned to “lead cross-border smart change”. After more than 7 years of accumulation, it has developed into a leading enterprise in the cross-border software industry and is the first service provider in the cross-border industry to have a complete mid-platform system. At present, Eccang Technology has accumulated thousands of customers, such as Deppon Logistics, Ward Industrial, Barn, Global Starlight, Capesi and other well-known corporate customers.

Since its establishment, Eccang Technology has maintained a rapid growth rate. Expanded from 4 major cross-border products (cross-border seller ERP, overseas warehouse WMS, freight forwarding TMS, factory M2B) to 12 product lines (publishing, TWROK, BI, SRM, DWMS, cloud WMS, DMS, etc.) through cross-border ecological closed-loop chain, all wisdom made efficient operation, the wisdom of the intelligent coordination, perfecting the process software, helping customers effectively solve the problems of “high cost and low efficiency”.

Cross-border seller ERP, covering the complete chain from product development, procurement, shelves, advertising to shipping, etc., to meet customers’ one-click intelligent integrated management in ERP; overseas warehouse WMS supports custom setting mode and transnational collaboration. Even if the warehouse is not in the same country or region, it can achieve efficient and intelligent collaboration; the parcel scanning function in the freight forwarding TMS can scan a package in only a few seconds, which improves the efficiency of customers’ package processing.

“Cost reduction and efficiency improvement” empower large, medium and small cross-border enterprises

For large, medium and small cross-border sellers, Eccang Technology has established two major platforms. The first is the cross-border eye platform-a comprehensive service platform for cross-border sellers, which provides convenient and complete resource information channels for large, medium and small cross-border sellers; the second is the seagull pie platform-a logistics transaction platform that allows sellers to quickly obtain high-quality freight forwarding resources. Broadened the channel of freight forwarders, the sellers and freight forwarding resources seamlessly linked to empower cross-border industry.

This round of financing will be mainly used for talent introduction and customer growth, which will help Eccang’s strategic development in 2020. At present, there are more than 260 employees in Eccang’s teams, and the technical team accounts for about 50%. In the future, Eccang will expand the team by the introduction of cross-border talents, enhance the competitiveness of enterprises, and build a stronger talent team in the industry. At the same time, increase investment in research and development of software products, and further upgrade and iterate on existing intelligent solutions, with a more efficient, simple and low-cost intelligent collaborative system to help large and small enterprises to get through the “expressway”.

Chen Lei, the founder of Eccang Technology, said, “Eccang has been committed to building a smart and collaborative global cross-border e-commerce network for 7 years to solve the problems of difficult management, low efficiency, and low resource utilization of cross-border enterprises. This round of financing is a recognition of Eccang’s efforts and a major thrust for the future development of cross-border e-commerce. In the future, Eccang will continue to work to maintain product innovation, stability, and the integrity of the ecological chain, and further strengthen the cross-border e-commerce industry chain to be more information-based, digital, Intelligent, and become a cross-border e-commerce platform for large, medium and small cross-border enterprises. At the same time, we will increase investment in talent introduction, technology research and development and incubation projects. ”

As the leading investor, N5Capital, cross-border is its key focus area. Export e-commerce is one of the few industries to maintain a high-digit growth in recent years. Relying on the advantages of manufacturing power, China’s cross-border enterprises have risen rapidly on the world stage. “But we also clearly see many problems in the industry, such as low operating levels, high logistics costs, inefficient supply chains, and severe homogeneous competition caused by brutal growth. Eccang is the head of the export e-commerce industry. Comprehensive service platform, with technology products such as ERP and WMS as the core, provides cross-border enterprises with full-process services from supply chain selection, data operation, to logistics and overseas distribution. ”

But we also clearly see many problems in the industry, such as low operating levels, high logistics costs, inefficient supply chains, and severe homogeneous competition caused by brutal growth. Eccang is the head company of the export e-commerce industry with comprehensive service platform, with technology products such as ERP and WMS as the core, provides cross-border enterprises with whole-process services from supply chain selection, data operation, to logistics and overseas distribution. “Said Pu Junchen, managing director of N5Capital, “Cross-border is the track where N5Capital continues to focus on. Eccang has received a large number of customers’ recognition in the market, which effectively solves the pain points of the merchants and improves the efficiency of the industry. Based on the existing business foundation and the common perception of future industry trends, N5Capital and Eccang Technology have become entrepreneurial partners. In the future, it will help Eccang to upgrade its strategy, improve cross-border e-commerce middle office services, and bring higher value to customers and industry development. ”

Eccang Technology Introduction

Eccang Technology was established in Shenzhen in 2013, and is a cross-border e-commerce intermediary service provider that is positioned to “lead cross-border smart change”. After more than 7 years of accumulation, it has developed into a leading enterprise in the cross-border software industry and is the first service provider in the cross-border industry to have a complete mid-platform system. At present, Eccang Technology has accumulated thousands of customers, such as Deppon Logistics, Ward Industrial, Barn, Global Starlight, Capesi and other well-known corporate customers.