A surge in online shopping for the 2010 holiday season meant plenty of green for ChannelAdvisor as well as its customers.

The provider of e-commerce services to some of the biggest online retailers said Tuesday that it handled nearly $1 billion in business in the fourth quarter.

The more business the better for the venture capital-backed company since it makes money from fees charged for the management of online transactions.

ChannelAdvisor calls the deals it handles “gross merchandise value,” or GMV. The GMV total jumped 19 percent over last year.

The quarterly performance also provided ChannelAdvisor with its “best annual revenue performance.” The company didn’t provide specific totals.

ChannelAdvisor also added 271 customers last year, including Dell.

“This outstanding fourth quarter capped off a record-breaking year for our customers and us,” said Scot Wingo, ChannelAdvisor’s chief executive officer and founder. “This year the holiday season began earlier; shoppers took advantage of promotions and discounts making Cyber Monday the heaviest day of online shopping we’ve ever experienced. Throughout the fourth quarter, e-commerce was the true winner with our customers experiencing growth of 14 percent.”

By specific benchmark days for the holiday season, ChannelAdvisor noted:

  • Black Friday sales surged 28 percent
  • Thanksgiving day revenues soared 37 percent
  • Cyber Monday business generated $28.7 million in GMV, which also was a record and more than 50 percent higher than last year

A year ago, ChannelAdvisor reported $18.5 million in transactions on Cyber Monday. In 2008, Cyber Monday value hit $18 million.

Cyber Monday sales topping $1 billion overall for a record as reported by IBM Coremetrics,

The company noted that Amazon and eBay, two of its best-known customers, sold 98 percent and 15 percent more goods in GMV than a year earlier.

ChannelAdvisor also added 73 employees in 2010 following cutbacks due to the recession.

Get the latest news alerts: Follow LTW at Twitter.