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Revionics

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Revionics Inc
Company typePrivate
Founded2002; 22 years ago (2002) in Roseville, CA
Headquarters
ParentAptos, LLC
Websitehttps://revionics.com/

Revionics (Revionics, Inc.) is an American software company that develops lifecycle price optimization software for retailers. The software is marketed via the software as a service (SaaS) model.

History

Revionics was founded in 2002 in Roseville, California, The company acquired Retail Optimization in July 2012, and acquired SkuLoop in November 2012.[1] It was ranked 79th in Deloitte's 2012 Technology Fast 500 rankings.[2]

In September 2013, the company raised $11.2 million in venture financing.[3] In October 2013, Revionics moved its headquarters from Roseville to Austin, Texas.[4]

In December 2014, the company announced an investment from Goldman Sachs’ private capital Investing group, reported at $30 million.[5] In December 2015, it announced the acquisition of Marketyze, based in Tel Aviv.[6]

In August 2020, it was acquired by Aptos, based in Atlanta.[7]

References

  1. ^ Anderson, Mark (30 November 2012). "Revionics adds social media reach by acquiring L.A. company," Sacramento Business Journal. Retrieved 16 June 2015.
  2. ^ "Deloitte's 2012 Technology Fast 500" Deloitte LLP, 2012. Retrieved 16 June 2015.
  3. ^ 17 September 2013, "Revionics Receives $11,200,000 New Funding." Xconomy. Retrieved 16 June 2015.
  4. ^ Lorek, Laura (17 October 2013). "Revionics Moves to Austin, Plans to Quadruple in Size." Silicon Hills. Retrieved 16 June 2015.
  5. ^ Calnan, Christopher (8 December 2014). "Goldman Sachs pumps $30M into Revionics on way to IPO." Austin Business Journal. Retrieved 16 June 2015.
  6. ^ "Austin-based Revionics Buys Marketyze". Silicon Hills News. 8 December 2015. Retrieved 25 October 2016.
  7. ^ "Aptos to Acquire Revionics, Global Leader in AI-Powered Price Optimization". PR News Wire. 5 August 2020. Retrieved 9 September 2020.