AisleBuyer Lands $4,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c5e09f3-19c6-4a71-948f-e097eb3b03f9&Preview=1 -
Date
11/23/2010 -
Company Name
AisleBuyer -
Mailing Address
332 Congress St., third floor Boston, MA 02210 -
Company Description
Their platform, which includes a virtual shopping assistant, location aware digital circular, and patent-pending, mobile self-checkout system provides retailers with an end-to-end solution designed to increase sales, reduce costs, and offer unprecedented analytical insight into in-store shopping behavior. -
Website
http://www.aislebuyer.com -
Transaction Type
Debt, Venture Equity -
Transaction Amount
$4,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The company will use the funds to expand the national footprint of its proprietary mobile self-checkout solutions designed to ensure shoppers never wait in line again. AisleBuyer is also using the funding to expand its Boston office, and secure additional talent. -
M&A Terms
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Venture Investor
Silicon Valley Bank -
Venture Investor
Undisclosed
