AisleBuyer Lands $4,000,000 New Funding Round

  • Feed Type
  • Date
    11/23/2010
  • Company Name
    AisleBuyer
  • Mailing Address
    332 Congress St., third floor Boston, MA 02210
  • Company Description
    Their platform, which includes a virtual shopping assistant, location aware digital circular, and patent-pending, mobile self-checkout system provides retailers with an end-to-end solution designed to increase sales, reduce costs, and offer unprecedented analytical insight into in-store shopping behavior.
  • Website
    http://www.aislebuyer.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the funds to expand the national footprint of its proprietary mobile self-checkout solutions designed to ensure shoppers never wait in line again. AisleBuyer is also using the funding to expand its Boston office, and secure additional talent.
  • M&A Terms
  • Venture Investor
    Silicon Valley Bank
  • Venture Investor
    Undisclosed