RichRelevance Obtains $8,000,000 New Funding Round

  • Feed Type
  • Date
    8/14/2012
  • 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
    $8,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will be used to support its growing headcount, allowing it to better support major clients like Walmart and Target. RichRelevance will also look to make acquisitions when they make sense.
  • M&A Terms
  • Venture Investor
    RTP Ventures
  • Venture Investor
    Gray Ventures
  • Venture Investor
    Tugboat Ventures
  • Venture Investor
    Shea Ventures

By posting a comment, you agree to our terms and conditions.