Revionics

{{Short description|American software company}}

{{Infobox company

| name = Revionics Inc

| type = Private

| founded = {{Start date and age|2002}} in Roseville, CA

| 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.Anderson, Mark (30 November 2012). "[http://www.bizjournals.com/sacramento/print-edition/2012/11/30/revionics-adds-social-media-la-company.html Revionics adds social media reach by acquiring L.A. company]," Sacramento Business Journal. Retrieved 16 June 2015. It was ranked 79th in Deloitte's 2012 Technology Fast 500 rankings."[http://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/us-tmt-2012-fast500-winners-brochure-020515.pdf Deloitte's 2012 Technology Fast 500]" Deloitte LLP, 2012. Retrieved 16 June 2015.

In September 2013, the company raised $11.2 million in venture financing.17 September 2013, "[http://www.xconomy.com/san-francisco/2013/09/17/revionics-receives-11200000-new-funding/ Revionics Receives $11,200,000 New Funding]." Xconomy. Retrieved 16 June 2015. In October 2013, Revionics moved its headquarters from Roseville to Austin, Texas.Lorek, Laura (17 October 2013). "[http://www.siliconhillsnews.com/2013/10/17/revionics-moves-to-austin-plans-to-quadruple-in-size/ Revionics Moves to Austin, Plans to Quadruple in Size]." Silicon Hills. Retrieved 16 June 2015.

In December 2014, the company announced an investment from Goldman Sachs’ private capital Investing group, reported at $30 million.Calnan, Christopher (8 December 2014). "[http://www.bizjournals.com/austin/blog/techflash/2014/12/goldman-sachs-pumps-30m-into-revionics-on-way-to.html Goldman Sachs pumps $30M into Revionics on way to IPO]." Austin Business Journal. Retrieved 16 June 2015.

In December 2015, it announced the acquisition of Marketyze, based in Tel Aviv.{{Cite news |work= Silicon Hills News |date= 8 December 2015 |title= Austin-based Revionics Buys Marketyze |url= http://www.siliconhillsnews.com/2015/12/08/austin-based-revionics-buys-marketyze/ |accessdate= 25 October 2016 }}

In August 2020, it was acquired by Aptos, based in Atlanta.{{Cite news|work= PR News Wire |date = 5 August 2020 |title= Aptos to Acquire Revionics, Global Leader in AI-Powered Price Optimization |url= https://www.prnewswire.com/news-releases/aptos-to-acquire-revionics-global-leader-in-ai-powered-price-optimization-301106880.html |accessdate= 9 September 2020 }}

References