Boomerang Commerce Lands $8,500,000 Series A Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=887d6107-424f-4022-9241-4db7b1d6ef00
Date
7/17/2014
Company Name
Boomerang Commerce
Mailing Address
440 N Wolfe Rd. Sunnyvale, CA 94085 USA
Company Description
Boomerang Commerce began its journey with the mission of democratizing retail analytics through complex optimization methods, machine learning, and real-time data analytics. We have set out to create a level playing field by bringing price optimization to mainstream e-commerce.
Website
http://www.boomerangcommerce.com
Transaction Type
Venture Equity
Transaction Amount
$8,500,000
Transaction Round
Series A
Proceeds Purposes
Boomerang Commerce plans to use the financing to aggressively expand its engineering and go-to-market teams, and to build additional retail applications on top of its platform.
M&A Terms
Venture Investor
Venture Investor