Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Venture capitalists pour £25m into big data firm eCommera

25/02/2014 by

W1siziisijiwmtqvmtavmjgvmtuvntavmtevmjk2l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

FAST growing retail technology company eCommera, which works with huge retailers like Asda and House of Fraser, has secured a further $41m (£25m) in funding from investors, it said yesterday.

The company, based in London, said investors like Sir Martin Sorrell’s WPP had put more cash into the company alongside backers such as West Coast Capital and Frog Capital. London-based firm Dawn Capital led the round.

Andrew McGregor, eCommera’s chief executive, said: “We are supported by an investment group that understands the power of data in solving the increasing complexities faced by retailers.”

The business offers retailers software that helps them engage with retail customers using large amounts of shopping data, a business trend known as big data.

This article has been extracted from http://www.cityam.com/, please click on this link to read the article in full http://www.cityam.com/article/1393293465/venture-capitalists-pour-25m-big-data-firm-ecommera

Montash is a multi-award winning , global IT recruitment firm. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Scientific Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

For more information please contact us on +44 (0) 20 7014 0230 or alternatively send us an email on info@montash.com.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdkvmjkvmdgvmtmvmjkvmjgyl1vudgl0bgvkigrlc2lnbiaomjuplmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Are PSLs a Blocker or an Enabler?

2017-10-02 11:00:00 +0100

The use of a Preferred Supplier List (PSL) was intended to support and strengthen relationships and performance between organisations and their third party suppliers. As the technical landscape continues to evolve at rapid rate recruitment and demand for new skills becomes more intense. Are PSLs still the solution or an obstacle to sourcing the right talent? The traditional PSL A dedicated list of partners intended to guarantee quality and availability ...

W1siziisijiwmtcvmdkvmjevmdgvndmvmduvmtmxl1vudgl0bgvkigrlc2lnbiaomjmplmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Why do we punish the victims of hacking?

2017-09-21 09:00:00 +0100

Hacks occur every 39 seconds, with 95% of them targeting governments, retailers and the tech industry. If the hackers are caught, they'll face prison time under the Computer Misuse Act. More often than not, the businesses who are victims of those attacks expose themselves to punishment of their own. The laws that determine the duty of protection owed to businesses and their customers is both vague and broad, making them question just how much protection...