Jani Jääskeläinen appointed as MD and additional funding from Black Dragon Cap

Naveo Commerce today announced the appointment of Jani Jääskeläinen as Deputy Managing Director taking over all day to day operating responsibilities and Moris Chemtov, as a Senior Advisor to assist the company in evaluating different growth options. In addition, to enable the growth, the Black Dragon Capital will provide additional capital.

As part of the organizational changes Kalle Koutajoki, co-founder and CEO of the company, will transition to a board role.

“Naveo Commerce has a very strong management team and an
impressive client base.  We believe with a focus on outstanding
execution, great client relationships, the best talent and market
leading technology, we can continue our journey to become the global
leader in the digital commerce arena.  The announcements today are
evidence of our commitment to support the company and realize its full
potential” said Louis Hernandez Jr., Founder of Black Dragon Capital and
Naveo Commerce’s Member of the Board. He continued, “Kalle should be
very proud of what he has created and we look forward to his continuing
service on the Board of Directors.”

Continued Development for Naveo Commerce

The company expects to continue to expand its management team with
additional announcements in the coming months and the capital infusion
will be used to improve execution and delivery as well as expansion of
the business.

Jani currently leads Naveo Commerce’s Sales and Marketing organization and will remain in the Helsinki, Finland headquarters. “Jani
has proven to be a very effective leader and together with Moris, we
plan to focus on sustainable growth coupled with outstanding service. 
The additional capital will allow the company to strengthen key areas
throughout the organization.  As Chairman, I’m very excited about the
future of Naveo Commerce”,  Said Irwin Kramer, Chairman of the Board of
Naveo Commerce.

About Naveo Commerce

Naveo Commerce 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 Naveo Commerce’s shopping
solution. Naveo Commerce is backed by the US based eCommerce growth fund
Black Dragon Capital.

The Naveo Commerce platform runs on top of a new generation
microservices architecture consisting of modular commerce and
fulfillment solutions. Retailers can either utilize Naveo’s Commerce and Fulfillment solutions off the shelf, or build their own services and combine third-party components to create their own versions.

Naveo Commerce (formerly Digital Goodie) was founded in 2009, and has headquarters in Helsinki, Finland.

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