Revionics, an Austin, TX-based provider of End-to-End Merchandise Optimization solutions, received an investment from Motorola Solutions Venture Capital.
The amount of the transaction was not disclosed.
The company intends to use the funds to further accelerate its global growth into new markets and expand research and development efforts.
Led by Marc Hafner, president and CEO, Revionics provides a cloud-based merchandise optimization solution that allows retailers of all sizes to execute omni-channel merchandising strategies utilizing a comprehensive set of shopper demand signals. The company’s solutions use predictive analytics and demand-based science to enable retailers have the right product, price, promotion, placement and space allocation for optimal results across all touch points (online, in-store, social and mobile).
They are used in over 37,000 retail locations across grocery, drug, building materials, convenience, general merchandise, discount, sporting goods stores and eCommerce sites.
FinSMEs
13/02/2014