E-Commerce Exchange Gets $30 Million

E-Commerce Exchange of Irvine received $30 million from Summit Partners, a Palo Alto venture capital firm, in exchange for an undisclosed amount of equity.

The 10-year-old ECX offers small- and medium-sized businesses services to accept credit-card payments over the Internet, as well as other online transaction capabilities.

The company, which said it is profitable, has more than 200 employees.