Euclid Raises $17.3M in Financing

Funding Rounds

Summary

The round was led by Benchmark Capital, with participation from NEA, Harrison Metal, and Novel TMT Ventures.In conjunction with the funding, Bruce Dunlevie, general partner at Benchmark Capital, joined the company’s board.Led by co-founder and CEO Will Smith, Euclid provides brick-and-mortar retailers with visibility into shopper traffic, engagement, and loyalty.Euclid Analytics, which can be rolled out across an entire retail chain using plug-and-play sensors or existing Wi-Fi infrastructure, allows clients to have insights to measure marketing campaign performance, optimize their operations, and better focus in-store experiences.Clients include retailers in the specialty apparel, department store, auto parts, and home improvement categories.

$ Funding

$
Amount $17.3M Total raised
Date February 22, 2013 Announcement date
Investors New Enterprise Associates (NEA), Harrison Metal, Benchmark Lead investors
Company http://euclidanalytics.com/about/careers/ Funded company

Classifications

industries
Retail
applications
Data Management

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