Thursday, October 18, 2007

Revionics Gets $7M

Sacramento-based Revionics, which develops price optimization software for retailers, said yesterday that it has raised $7M in a Series B funding round from Sierra Ventures. The new round brings the company's total raised to over $10M. Revionics said that David Schwab and Vispi Daver of Sierra will join the firm as part of the funding. The new funds will go towards expanding its sales team and to accelerate its product development, along with building out its infrastructure. More information »