. announced today the acquisition of San Francisco-based, leading Commerce-as-a-Service provider, Symphony Commerce, Inc.
Quantum Retail is an affiliate of Versata, which is part of the ESW Capital group of companies, one of the largest privately held enterprise software companies in the world. ESW Capital's strategy is to acquire best-of-breed software solutions, which possess the potential for further growth through increased investment and an obsessive focus on Customer Success. Symphony Commerce is the leading provider of Commerce as a Service and was created by the visionary and technical team behind Amazon's ordering and fulfillment systems. Trusted by enterprise and mid-size brands in the fashion and apparel, durables and consumer packaged goods segments, its cloud platform orchestrates commerce across multi-channel storefronts, orders, inventory and fulfillment. With Symphony Commerce, brands are free from the burden of infrastructure management and gain the data and services needed to operate and grow their business. "I am excited about the opportunity to integrate Symphony's commerce platform with Quantum Retail's supply chain and inventory optimization. Our brands will benefit from the end-to-end intelligent commerce," said Ken Fine, Symphony Commerce CEO. Leela Kaza, CEO of Quantum Retail and longtime veteran of Versata and its parent company, ESW Capital, will assume the role of CEO for Symphony Commerce. "I am pleased to welcome the Symphony Commerce brand into the Versata family and broader ESW Capital group of companies. We are confident that the addition of Quantum's advanced retail science to the Symphony Platform will offer our customers unprecedented value and competitive advantage," said Kaza. About Quantum Retail Technology, Inc.:
Quantum Retail Technology is the industry's leading innovator of retail-focused supply chain management and inventory optimization solutions. Our retail platform software is designed to increase retailer's profitability in an increasingly dynamic marketplace. Quantum clients include many of the world's top retailers. For more information, visit  www.quantumretail.com . About Versata:
With a global presence covering 45 countries, Versata solves complex business problems for the world's largest organizations. Versata distinguishes itself in the software industry by focusing on customer priorities as driven by value delivered. Our market-leading Customer Success program ensures customer involvement in product decisions and business priorities and provides opportunities for customers to score Versata's performance against commitments. Versata's world-class engineering capability ensures substantive and valuable product releases, continuous innovation and repeatable value propositions. For more information, visit www.versata.com . About ESW Capital, LLC: 
Based in Austin, Texas, Enterprise Software (ESW) Capital has honed a finely-tuned methodology focused on buying, strengthening and growing mature business software companies. By taking advantage of its unique operating and development platforms, ESW revitalizes its acquisitions for sustainable success while making customer satisfaction a top priority. ESW and its affiliated companies have been in the enterprise software space since 1988, and the group includes notable brands such as Aurea, Trilogy, Versata and Ignite Technologies. For more information, visit  www.eswcapital.com .

Quantum Retail Technology, Inc. Announces Acquisition of Symphony Commerce

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12/01/2017
Introduction
SmartFocus annonce aujourd’hui la nomination de Chris Allan, son nouveau CEO. Il remplace à ce poste Rob Mullen, qui rejoint le conseil d’administration de la société. sms
Avant cette nomination à la tête de SmartFocus, Chris était CEO de Quantum Retail Technology, société où il a également occupé successivement les fonctions de CCO (Chief Customer Officier) et de Directeur de la stratégie. Auparavant, il a été Directeur Général d’Accenture, en charge des solutions analytiques au Royaume-Uni et en Irlande. Chris a également dirigé la stratégie de Retek (qui fait aujourd’hui partie d’Oracle). Je m’inscris à la newsletter quotidienne de l'ADN
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Chris Allan est nommé CEO de Smartfocus

By FinSMEs
Austin, Texas-based Versata Enterprises, Inc. , which invests capital to revitalize software and technology companies, acquired Quantum Retail Technology, Inc. , a Minneapolis-based provider of supply chain and inventory optimization solutions for the retail industry. The amount of the deal was not disclosed. Following the acquisition, Quantum will continue to operate as a stand-alone company, and will benefit from Versata’s Customer Success program, a method for improving customer relationships and alignment of product development investments with customer priorities. Versata’s Leela Kaza will assume the role of CEO for Quantum Retail. Led to date by co-founder & CEO Chris Allan, Quantum provides Q, a product that combines retail and merchandising intelligence with a technology engine that adapts to a retailer’s needs and makes changes based on their requirements and how their customers are behaving. FinSMEs

Versata Acquires Quantum Retail Technology

Q Allocation and Replenishment improves store service levels leading to higher profitability
January 11, 2015 --
NEW YORK and MINNEAPOLIS, Jan. 11, 2015 /PRNewswire/ --NRF Show  Quantum Retail Technology Inc., the industry's leading provider of merchandise optimization and inventory solutions has deployed Q Allocation and Replenishment at Famous Footwear, a division of Brown Shoe. Quantum Retail's Q Allocation and Replenishment was selected to provide an optimal inventory placement solution that works in conjunction with their existing legacy JDA allocation solution. With Q, Famous Footwear has an efficient and cost effective method to improve product service levels throughout each item's respective lifecycle. Optimizing inventory based on store item behavior and merchandise goals and strategies allows retailers to capture otherwise lost sales while reducing markdowns and improving profitability. "Our selection of Q was based on our desire to drive conversion and turn through improved service levels. We knew the key to doing this was developing a better understanding of demand at the item/size/width level in each of our stores," said Mike Edwards, Vice President Merchandising and Sales Operations for Brown Shoe/Famous Footwear. "With Q, we are able to optimize our inventory by leveraging these insights within our allocation process. "
With Q, Famous Footwear has seen an uptick in store service levels and conversion for their full range of inventory. Additionally they have seen improved inventory balancing across their locations along with an improved ability to anticipate and respond to demand at the store level. Overall Famous Footwear is better positioned to serve their customers by getting the correct item/size/width to all their locations and improve profitability through their ability to sell the product in their stores at full price. "Partnering with Famous Footwear to drive their business has been a win/win for them and for us," said Morgan Day, Vice President of Corporate and Account Strategy. "Q's ability to be deployed within any existing client environment makes it the best choice for retailers with legacy systems that are grappling with the complexities of today's retail environment and who need advanced optimization capabilities within the confines of their existing infrastructure. "
About Brown Shoe Company
Brown Shoe Company is a $2.5 billion, global footwear company whose shoes are worn by people of all ages, from all walks of life. Our products are available virtually everywhere  in the more than 1,200 Famous Footwear and Naturalizer retail stores we operate, in hundreds of major department and specialty stores, on 13 distinct ecommerce sites, and on many additional third-party retail websites. Through our broad range of products, we serve three key market segments. Our Family brands  Famous Footwear and Famous.com  are one-stop-shopping destinations for high quality, affordable styles for a family's every occasion. Active people who want comfort, style and performance, can look to our Healthy Living brands  Naturalizer, Dr. Scholl's Shoes, LifeStride and Ryka. Our Contemporary Fashion brands Sam Edelman, Franco Sarto, Vince, Via Spiga, Fergie Footwear and Carlos Santana keep fashionistas in step with the latest trends. At Brown Shoe Company, we inspire people to feel good and live better... feet first! About Q
As consumer demand has become less predictable and as retail buying patterns and channels become more complicated many of the world's most successful retailers utilize Quantum's Q solutions. Q helps retailers with both comprehensive and granular predictions of their product demand based on consumer behavior while also providing the ability to act on that intelligence. The Q system continuously learns and dynamically analyzes and then responds to changes in demand for every product and store location to maximize value for retailers of all types. The Q system is adaptable within the retailer's existing environment and works in conjunction with many of today's leading supply chain and merchandising platforms including Oracle, SAP, and JDA. About Quantum Retail Technology, Inc.
Quantum Retail Technology is the industry's leading innovator of retail focused demand driven merchandising and inventory optimization solutions. Our solutions help retailers realize the highest value from their inventory investment by understanding consumer demand and acting on it to optimally leverage their supply chain. Many of the world's top retailers are already Quantum clients. Quantum is privately held and is headquartered in Minneapolis, Minnesota. For more information on Quantum Retail technology, please visit our website at http://www.quantumretail.com
Quantum Retail and Q are registered trademarks of Quantum Retail Technology, Inc. All other trademarks are owned by their respective companies. To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/famous-footwear-deploys-quantum-retail-to-increase-sales-and-service-levels-300017344.html
SOURCE  Quantum Retail Technology, Inc. Copyright 2014 PR Newswire. All Rights Reserved
Related Keywords:Sales, Sales & Marketing, Business Issues, Sales, Sales,  Inc., Science, Lifestyle, Business, Family, Other,
Source:PR Newswire. All Rights Reserved
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Famous Footwear deploys Quantum Retail to increase Sales and Service Levels

The Children's Place is a retailer specializing in children's apparel within the retail industry. The company offers a range of clothing for children and serves the children's wear market, operating both physical stores and an online platform. It was founded in 1969 and is based in Secaucus, New Jersey.

The Children's Place

`` The Children Place 's partnership with Quantum Retail represents our most recent commitment to leveraging highly innovative solutions to better manage the demands of the evolving retail landscape , '' said Jason McAndrew , Chief Transformation Officer and Head of Marketing for the Children 's Place .

The Children’s Place Adopts Quantum Analytics For Size And Pack

Sainsbury's operates as a United Kingdom (UK)-based retailer with a focus on food and general merchandise. The company operates supermarkets and convenience stores, offering grocery items, clothing, and home goods, as well as financial services through Sainsbury's Bank. It was founded in 1869 and is based in London, United Kingdom.

Sainsbury's

Guitar Center is a retailer in the musical instruments domain, offering products and services. The company sells guitars, basses, drums, keyboards, and various music production equipment, as well as providing musical lessons, repairs, and rentals. Guitar Center serves musicians and music enthusiasts. It was founded in 1959 and is based in Westlake Village, California.

Guitar Center

Marks & Spencer offers products including clothing for men, women, and children, as well as homeware and food items. It serves segments of the economy with its diverse product offerings. It was founded in 1884 and is based in London, United Kingdom.

Marks & Spencer

OLR specializes in Oracle Retail systems integration and provides services within the retail technology sector. The company offers omnichannel solutions, including system integration, automated regression testing, and managed support, to improve retail operations. OLR's services aim to create a view of the customer, inventory, and orders, thereby driving operational efficiency for retailers. It is based in Bengaluru, India.

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8thBridge

Sun Microsystems

Retek

Lawson Software

Acquired

Quantum Retail sells software to assist large retailers with inventory planning, allocation, and replenishment.

Date	10/5/2015
Round	Acquired
Amount
Investors	Versata
Valuation	$XXM
Revenue	0 FY undefined
Sources	1

First funding	10/5/2015
Last Funding	10/5/2015
Investor	Versata
Rounds	1 Acquired
Board Seats
Type	Corporation
Location	Texas

Date	5/18/2018
Investment Stage	Series C
Companies	Symphony Commerce
Valuation	$XXM
Total Funding	$59.1M
Note	Acquired
Sources	1

How VCs Use CB Insights

Professional Services

Platform Overview

Quantum Retail

Investors Count

Funding, Valuation & Revenue

Quantum Retail Investors

Quantum Retail Acquisitions

1 Acquisition