|By Business Wire||
|March 4, 2014 09:12 AM EST||
Upstream Commerce, the leader in real-time pricing intelligence and analytics for online and multi-channel retailers, today announced several recent milestones tied to its mission to provide retailers with a best-in-class Cloud platform to drive online revenue and margins:
- Additional customer wins: Upstream Commerce now powers some of the most innovative retailers in the world, including eBags, Woodcraft, PetFlow, and one of the top three high-end apparel and footwear retailers in North America;
- Product expansion: Upstream Commerce has expanded its leading pricing and assortment intelligence products with lifecycle intelligence, dynamic pricing, and business scenario management capabilities;
- Increased U.S. presence: Upstream Commerce has solidified its commitment to the North American market with new sales and marketing executive leadership based in Austin, Texas, and New York City.
- Strategic investment: Upstream Commerce has secured new funding from Webb Investment Network (WIN), the investment vehicle of Maynard Webb (Yahoo! Chairman, member of Salesforce and Visa boards, and former eBay COO).
The announcement was made at the World Business Research eTail West event taking place in San Antonio, Texas, March 3-6, 2014, where Upstream Commerce is a sponsor.
“Here's how our customers explain the value we help them realize,” stated Amos Peleg, co-founder and CEO of Upstream Commerce.
“Receiving accurate and up-to-date pricing information is critical to our success. Upstream Commerce leverages strong technical resources and creative approaches to provide the information we need, in a variety of user-friendly ways.” eBags co-founder and executive vice president, Peter Cobb.
"We only work with the best partners in the industry. That's why we chose Upstream Commerce for pricing and assortment intelligence across our entire product selection.” Woodcraft President, Jody Garrett.
"We specifically chose Upstream Commerce because their processes and technologies for coverage, product matching and data accuracy are superior to anything else we've seen.” PetFlow COO, Michael Lackman.
About Upstream Commerce
Upstream Commerce transforms how retailers around the world grow sales and boost margins through real-time competitive insights, smarter pricing and optimal product assortment. The company’s cloud-based solutions are purpose-built to simplify and streamline – on a massive scale – the complex data gathering, matching and processing required for actionable retail intelligence. In addition, advanced analytics build and test business scenarios, enable dynamic pricing and provide rich insights throughout the lifecycle of every product and category. To learn how Upstream Commerce delivers results for some of the most innovative retailers in the world, such as Staples, Toys-R-Us, Shoebuy.com, Woodcraft and eBags, please visit www.UpstreamCommerce.com or call (800) 815-1842.