RetailNext Raises $15 Million More to Track Your Every In-Store Move | RetailNext
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RetailNext Raises $15 Million More to Track Your Every In-Store Move


derning
Shiny Day

One company that’s combing through various data streams so that retailers can make better staffing, layout and promotion-related decisions is […]

One company that’s combing through various data streams so that retailers can make better staffing, layout and promotion-related decisions is RetailNext. In fact, the 6-year-old, San Jose-based outfit now counts 70 retailers as customers, including American Apparel and Brookstone. And its revenue is growing quickly enough — it rose 235 percent last year and looks to triple again this year, says the company — that investors have just given it $15 million to expand. The Series C round, from StarVest Partners, Nokia Growth Partners and Commerce Ventures, along with previous investors that include August Capital, brings RetailNext’s total funding to $29 million.

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