Throw It in the Bag: Retail Next Raises $15M Series C
May 01, 2013
RetailNext, a provider of applied Big Data for brick-and-mortar retail, has raised $15 million in Series C financing led by new investor StarVest Partners, with participation from Nokia Growth Partners, Commerce Ventures and existing investor August Capital. The San Jose, CA-based company enables retailers and manufacturers to monitor, collect, analyze and visualize in-store data, letting them see how people engage with their stores. In conjunction with the new investment, StarVest Partners general partner Laura B. Sachar has joined RetailNext’s Board, and NGP managing partner John Gardner has joined as Board observer. This round brings the total capital raised by the company to an estimated $29 million.