Percolata Raises $5M in Seed Funding

Percolata, a Palo Alto, Calif.-based developer of in-store sensors and analytics for retailers to understand staffing needs, raised $5m in seed funding.

Andreessen Horowitz, Google Ventures, Menlo Ventures, Foundation Capital and others as well as angels Pierre Lamond, Bernd Girod, Jeff Hammerbacher, Eric Feng, etc.

The company intends to use the funds to ramp-up operations across the United States, Europe and Asia.

Founded in 2012 by  CEO Greg Tanaka, Percolata provides a cloud-based workforce management solution that matches staff availability, captured through a mobile app, with forecast of customer demand, to create an optimized and accurate schedule. The platform integrates into store managers’ current workflow.

The company also has offices in Shenzhen, China.

FinSMEs

13/01/2015

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