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Scandit raises $7.5 million in Series A funding to expand into U.S. and Europe

Scandit, a Zurich, Switzerland-based barcode scanning solution for retailers, has raised $7.5 million in Series A funding. The investment came from Atomico, a global venture capital firm based in London. “What Samuel and his team have achieved is testament to a winning combination of an exceptional product and team,” Teddi Wardi, a partner at Atomico, said in a statement. “They …

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Reachify raises seed funding to help retailers buy enterprise software

Cindy Lincks, the CEO and founder of Reachify, has a plan to help retailers navigate the $620 billion enterprise software market. Her newly-launched software buying platform is harnessing the power of crowds to help retailers connect with the right enterprise software providers.  Lincks said her experience as a former vice president of e-commerce at Brooks Brothers allowed her to see …

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FashInvest Opinion: The lack of innovation in B2B technology is hurting business

The views expressed in FashInvest Opinion editorials are those of the author and do not necessarily reflect the views of FashInvest. The push for new technology adoption among retailers has been a mixed bag. On one hand, new consumer-facing technology has been readily embraced by retailers, with many companies boasting innovative e-commerce sites, new mobile applications, fresh advertising campaigns for …

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Index raises $19 million for retail software solution

Index, a San Francisco, Calif. retail software startup, has raised $19 million in Series B funding. The company has raised $26 million to date. The round was led by General Catalyst, with participation from Datalogix founder Rob Gierkink. Also as part of the funding, Gierkink, an executive-in-residence at General Catalyst, will chair Index’s board of directors. David Fialkow, General Catalyst …

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