Retailigence Raises 6.3M in Series B Round

written by dealmaker on March 6, 2013 in Funding and Under The Radar with no comments
9 Flares Twitter 7 Facebook 0 Google+ 0 LinkedIn 0 Email -- Email to a friend StumbleUpon 0 9 Flares ×

Retailigence

Retailigence is onto something with their Online-to-Offline web/mobile ads and alerts – but we knew that when they presented at Under the Radar in 2010. It was announced on Tuesday that Retailigence secured their Series B round in the sum of $6.3M from existing investors DFJ, Quest, and Motorola Solutions Venture Capital, as well as new investors Telenav and OPT.

Retailigence fills a much-needed gap between the online shopping and brick and mortar businesses via connecting retail inventory with mobile alerts. Their success speaks for itself – having seen a triple digit revenue growth in Q4 of 2012 alone. Congrats!

You can see their Under the Radar presentation from 2010 HERE.