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Yieldex Received $8.5 Million in Series B Funding for Inventory Management
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Yieldex originally won the Amazon AWS startup challenge. Out of nearly 1,000 startups they won.
They provide a service for a websites inventory management. The system is named Dynamic IQ. Dynamic IQ is better described as a tool to forecast and visualize available inventory. The bottom line, after using Dynamic IQ, is that you will uncover your premium inventory. The premium inventory, such as desirable demograhics, can be sold at premium rates instead of allowing it to be sold as remnant inventory.
Founders are from Matchlogic and NetGravity.
Funding
Funding Total: $8,500,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| B | 02/2009 | $8,500,000 | – | – |
| Investors: Madrona Venture Group, First Round Capital | ||||
Founders
- Posted in: Funding
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