Tech Company Financing Transactions
RichRelevance Funding Round
RichRelevance closed a $8 million funding round on 8/14/2012. Backers included Gray Ventures, RTP Ventures and Shea Ventures.
Transaction Overview
Company Name
Announced On
8/14/2012
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
49 Stevenson St. 950
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sarath Jarugula
Chief Financial Officer
Zach Koekemoer
Founder
David Selinger
VP - Operations
Kevin Duffey
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