Swiftly raises $100 mln of capital to boost business as retail tech services company: WSJ

Retail software and technology company Swiftly Systems Inc. is drawing a valuation of up to $1.2 billion in its latest round of capital, The Wall Street Journal reported Monday. Citing people familiar with the company, the WSJ said Swiftly Systems, which helps stores boost their mobile and online presence, drew in $100 million in fresh capital commitments in a financing round led by BRV Capital Management. The round comes after Swiftly in March announced a $100 million Series B funding round led by Wormhole Capital. BRV Capital operates offices in South Korea, Japan, China and Silicon Valley.