Revionics

Revionics is an American software company that develops lifecycle price optimization software for retailers. The software is marketed via the software as a service (SaaS) model and is designed to enable retailers to execute shopper-centric pricing, promotion, markdown, assortment and space allocation decisions.

History

Revionics was founded in 2002 in Roseville, California, The company acquired Retail Optimization in July 2012 and acquired SkuLoop in November 2012.[1] It was ranked 79th in Deloitte's 2012 Technology Fast 500 rankings.[2]

In September 2013 the company raised $11.2 million in venture financing.[3] In October 2013, Revionics moved its headquarters from Roseville to Austin, Texas.[4]

In December 2014, the company announced an investment from Goldman Sachs’ private capital Investing group, reported at $30 million.[5] In December 2015 it announced the acquisition of Marketyze, based in Tel Aviv.[6]

References

  1. ↑ Anderson, Mark (30 November 2012). "Revionics adds social media reach by acquiring L.A. company," Sacramento Business Journal. Retrieved 16 June 2015.
  2. ↑ "Deloitte's 2012 Technology Fast 500" Deloitte LLP, 2012. Retrieved 16 June 2015.
  3. ↑ 17 September 2013, "Revionics Receives $11,200,000 New Funding." Xconomy. Retrieved 16 June 2015.
  4. ↑ Lorek, Laura (17 October 2013). "Revionics Moves to Austin, Plans to Quadruple in Size." Silicon Hills. Retrieved 16 June 2015.
  5. ↑ Calnan, Christopher (8 December 2014). "Goldman Sachs pumps $30M into Revionics on way to IPO." Austin Business Journal. Retrieved 16 June 2015.
  6. ↑ "Austin-based Revionics Buys Marketyze". Silicon Hills News. 8 December 2015. Retrieved 25 October 2016.
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