Tech Company Financing Transactions

RichRelevance Funding Round

RichRelevance closed a $20 million funding round on 5/7/2012. Backers included Crosslink Capital, Greylock Partners and Threshold Ventures.

Transaction Overview

Company Name
Announced On
5/7/2012
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

Crosslink Capital (Lead Investor) (David Silverman)

Greylock Partners (David Strohm)

Threshold Ventures (Andreas Stavropoulos)

Tugboat Ventures (David Whorton)

Proceeds Purpose
The round will be used to accelerate growth with expansion into new markets, introduction of new product innovations and research and development.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
49 Stevenson St. 950
San Francisco, CA 94105
USA
Email Address
Overview
RichRelevance powers next-generation merchandising and personalized recommendations on eCommerce sites. The company's product outperforms collaborative filtering solutions through use of more than fifteen recommendation types combined with transparent messaging, continuous optimization, and merchandiser controls.
Profile
RichRelevance LinkedIn Company Profile
Social Media
RichRelevance Company Twitter Account
Company News
RichRelevance News
Facebook
RichRelevance on Facebook
YouTube
RichRelevance on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sarath Jarugula
  Sarath Jarugula LinkedIn Profile  Sarath Jarugula Twitter Account  Sarath Jarugula News  Sarath Jarugula on Facebook
Chief Financial Officer
Zach Koekemoer
  Zach Koekemoer LinkedIn Profile  Zach Koekemoer Twitter Account  Zach Koekemoer News  Zach Koekemoer on Facebook
Founder
David Selinger
  David Selinger LinkedIn Profile  David Selinger Twitter Account  David Selinger News  David Selinger on Facebook
VP - Operations
Kevin Duffey
  Kevin Duffey LinkedIn Profile  Kevin Duffey Twitter Account  Kevin Duffey News  Kevin Duffey on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/7/2012: Vertos Medical venture capital transaction
Next: 5/7/2012: TerraLUX venture capital transaction

 

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