Predictix Receives $25M Minority Investment from Infor

predictixPredictix, an Atlanta, GA-based cloud-native predictive and prescriptive analytics solution provider for retailers, received a $25m minority investment from Infor, a provider of business applications specialized by industry and built for the cloud.

Infor joined existing investors Marlin Equity Partners, Kinetic Ventures, and ITC Holding Company.

The deal is part of a broader collabotation agreement under which Infor will resell Predictix applications to customers as a part of Infor CloudSuite Retail and will leverage Predictix’ LogicBlox Platform to build cloud-native predictive and prescriptive applications for its portfolio of applications.

Molham Aref, CEO of Predictix provides clients retailers with solutions for Merchandise Planning, Assortment and Category Management, Demand Forecasting, Price Optimization and Supply Chain Optimization.



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