Monday, December 8, 2014

Revionics Scores Funding From Goldman Sachs

Austin-based Revionics, which develops merchandise pricing and optimization software used by retailers to manage their product, pricing, promotion, placement, and other efforts, has scored a growth funding round from Goldman Sachs, the company said this morning. Size of the round was not announced. Revionics said that it has added Hillel Moerman of Goldman Sachs to the company's board with the funding. Revionics said the new funds will go towards accelerating is market share and expand research and development.