Thursday, April 16, 2015

RetailNext Gets $125M

San Jose-based RetailNext, which develops in-store, analytics software for retailers, said this week that it has raised $125M in a growth funding round. The funding was led by Activant Capital Group, and also included August Capital, StarVest Partners, Nokia Growth Partners, Commerce Ventures, American Express, Pereg Ventures and Qualcomm Ventures, plus Siguler Guff & Company. RetailNext says it has now raised $184M in total. Activant's Steve Sarracino joins the board with the funding. RetailNext is led by Alexei Agratchev. More information »