Tech Company Financing Transactions
First Insight Funding Round
On 3/5/2015, First Insight raised $14 million in Series B investment from Updata Partners and private investors.
Transaction Overview
Company Name
Announced On
3/5/2015
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series B
Investors
Updata Partners (Lead Investor) (James Socas)
Proceeds Purpose
First Insight will use the funds to expand into new geographies and vertical markets, and to further build out its platform to offer advanced marketing capabilities to its customers.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
2000 Ericsson Dr. 200
Sewickley, PA 15086
USA
Sewickley, PA 15086
USA
Phone
Website
Email Address
Overview
New products are the lifeblood of retail. They bring new customers into the stores, they provide competitive differentiation, and they drive sales and margin growth. Unfortunately, over 50% of new products fail. Of those that succeed, many miss the upside because they are underpriced or underbought -- resulting in stock-outs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Greg Petro
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