ProfitLogic
AcquiredRetail profit optimization through customer demand analytics
Boston, United States · Founded 1999 · $20.0M raised
- Headquarters
- Boston, Massachusetts
- Employees
- 51–200
- Founded
- 1999
- Business Model
- B2B
- Total Funding
- $20.0M
- Last Round
- $20.0M Venture Round
- Rounds
- 1
- Acquired by
- OracleJul 2005
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
ProfitLogic was a Boston-based provider of retail profit optimization software used by approximately 30 large retailers. Its software analyzed customer demand patterns to help retailers optimize inventory management, pricing decisions, and merchandise planning. The company was acquired by Oracle Corporation in July 2005 for a reported $160 million, following Oracle's earlier acquisition of Retek, as part of Oracle's push to become a dominant player in the retail enterprise software market.
Summary
ProfitLogic is a SaaS company based in Boston, United States, founded in 1999. It has raised $20.0M in total across 1 round. Investors include General Catalyst, Oracle and Battery Ventures.
Funding History
Jul 2005
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Funding, valuations, and company events, with amounts and investors where available.
Investors
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