Minubo, a Hamburg-based SaaS startup that offers cloud-based data services to online retailers, has raised 1 million euro in a seed funding round from a group of VC and angel investors, according to published reports.

Minubo offers an e-commerce dashboard that pulls together comprehensive business data and metrics. The company received its 1 million euro seed investment from a group that included European accelerator Seedcamp, venture firms Tola Capital and High Tech Gruenderfonds, and a group of angel investors.

Minubo, previously called nextel BI Solutions GmbH, has been in business since 2009, and has provided analytics services for mail-order and online retailers such as Deerberg, Frontlineshop, Flaconi, mirapodo, Mister Spex, Tennis-Point and vinos.de.