Mobile commerce upstart Conductiv raises cash to help retailers battle Amazon
Summary
Before that, he co-founded and served as senior vice president of worldwide sales and operations for Octane Software, which sold to Epiphany for $3.2 billion in 2001 at the apex of the dot-com bubble. The company, founded in 2011 and with operations in Seattle, New York and LA, says on its Web site that the team is developing technologies that help retailers with mobile, customer relationship management and supply chain optimization. Now we are turning our guns on the retail industry to deliver a product that is built from the ground up to be a low cost, easy to deploy, out of the box solution that takes every advantage of today’s technological advances in cloud and mobile computing to name a few. It also makes mobile apps for retailers, focusing on brick-and-mortar locations by helping sales reps on the floor sell goods that aren’t in stock. “Acknowledging the threats of Amazon and other online e-tailers, retailers and their suppliers know that the best way to improve their sales, margins, and in-store experience is to lock arms and collaborate,” said Conductive CEO Robert Loughan in a recent press release.
