Upstream Commerce Receives $3,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b20fa1e0-42a3-4ecc-b0a9-bc4d3474beaa&Preview=1 -
Date
2/6/2013 -
Company Name
Upstream Commerce -
Mailing Address
Undisclosed Boston, MA 02108 -
Company Description
Upstream Commerce was founded in 2010 by seasoned retail technology experts, Amos Peleg and Shai Geva on the premise that automated Retail Intelligence capability should simplify and streamline the highly-complicated data-gathering process inherent in competitive retail intelligence so retailers can concentrate on optimizing their merchandising and marketing. -
Website
http://www.upstreamcommerce.com -
Transaction Type
Venture Equity -
Transaction Amount
$3,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
We will use the funding to further develop our core technology and product as well as expand our solution to provide critical intelligence-gathering capabilities that go beyond pricing and assortment intelligence. -
M&A Terms
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Venture Investor
YL Ventures -
Venture Investor
Bright Capital -
Venture Investor
Undisclosed
