Revolution Growth, the investment firm from former top AOL execs Steve Case and Ted Leonsis, has closed its biggest investment to date. The fund is betting big on Bigcommerce, an e-commerce software company that helps small businesses set up their own online retail presence, in a $40 million Series C round. Bigcommerce has now raised $75 million. This is just the latest big bet on e-commerce upstarts by Revolution Growth, which recently announced a $20 million-plus investment in Optoro and a similar-sized investment in kids' clothing maker Lolly Wolly Doodle.
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