RichRelevance Obtains $8,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=84903247-f4f4-4b37-a8da-cfc94b2d1e83&Preview=1 -
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
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Venture Investor
RTP Ventures -
Venture Investor
Gray Ventures -
Venture Investor
Tugboat Ventures -
Venture Investor
Shea Ventures
