RichRelevance Garners $20,000,000 New Funding
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=345bd47c-c73a-489f-a8f8-c78f2cb1a591&Preview=1 -
Date
5/7/2012 -
Company Name
RichRelevance -
Mailing Address
275 Battery St. San Francisco, CA 94111 -
Company Description
RichRelevance powers next-generation merchandising and personalized recommendations on eCommerce sites. The company’s product outperforms collaborative filtering solutions through use of more than fifteen recommendation types combined with transparent messaging, continuous optimization, and merchandiser controls. -
Website
http://www.richrelevance.com -
Transaction Type
Venture Equity -
Transaction Amount
$20,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The round will be used to accelerate growth with expansion into new markets, introduction of new product innovations and research and development. -
M&A Terms
-
Venture Investor
Crosslink Capital -
Venture Investor
Greylock Partners -
Venture Investor
Tugboat Ventures -
Venture Investor
Draper Fisher Jurvetson
