Zilliant, an Austin, Texas-based provider of price optimization and margin management solutions for B2B manufacturers, distributors, and industrial service companies, has completed $13m in financing.
Investors include existing partners SMH Private Equity Group, ABS Ventures, Austin Ventures and Trellis Partners.
The company will use the new capital to accelerate global expansion to meet customer demand.
Comemnting on the funding, Greg Peters, CEO, Zilliant, said: “Our customers are experiencing significant improvement in their financial performance using our price optimization solutions.
“This financial commitment from our investors will help us capitalize on increased market demand, and accelerate our market lead”.
The company’s solutions, which include Margin Maximizer, Margin Insight, and Margin Manager, use existing transactional data to improve decisions across all facets of price analysis, price setting and execution.
FinSMEs
23/07/2010