Revionics

Last updated
Revionics Inc
Company type Private
Founded2002;22 years ago (2002) in Roseville, CA
Headquarters
Parent Aptos, LLC
Website https://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]

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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.