StoreFlix LLC, a Mason, Ohio-based mobile technology company that allows businesses to instantly gather, analyze and share in-store information about product displays, placement and inventory, has received an investment of undisclosed amount.
Backers include CincyTech, which committed $200k, and other investors.
The company intends to use the capital for additional application development, and sales effort expansion.
Founded in 2008 by CEO Phil Storage, StoreFlix has developed a patent-pending technology that allows managers to see, analyze and share their operations around the world. For example, in the consumer packaged goods industry, it allows a company field representative to take pictures and videos of their products and displays on shelves at stores all over the country, check whether those displays are compliant with planograms and send those images and data to their supervisors in real time.
Customers include Fortune 500 corporations in a variety of industries, including consumer packaged goods, consumer products, consumer goods, retailers, franchises, the service industry, manufacturing and the government sector.
FinSMEs
06/04/2012