Quri, a San Francisco, CA-based provider of a retail intelligence platform, raised $17m in Series C funding.
The round was led by Kern Whelan Capital, with participation from previous investors Matrix Partners, Catamount Ventures, and Simon Equity Partners.
The company, which has raised $30m to date, The company intends to use the funds to increase technology development and accelerate sales and service expansion across the U.S., including New York City, Chicago, Cincinnati, Denver, Minneapolis, Atlanta and Los Angeles.
To support this expansion, David Gottlieb, formerly with Market6, Netezza (now an IBM company), and Oracle Retail will join as the lead of Quri’s Worldwide Sales & Customer Success teams. James Lamberti, formerly with comScore, InMobi, Clorox, and IRI will lead the Global Marketing team.
Led by Justin Behar, CEO, Quri provides an intelligence platform that equips consumer brands with visibility and insights into their retail execution performance of products and promotions in 150,000 retail locations across 6,000 cities.
Clients include Procter & Gamble, Heineken, Unilever, Kraft, Nestlé, Johnson & Johnson, Tyson and 200 other global companies.
FinSMEs
14/10/2015