Agilence, Inc., a Mount Laurel, NJ-based provider of SaaS-based exception reporting solutions for retail loss prevention and operations, received $4.3m in new funding.
The round was led by existing investor Laurel Capital Partners with participation from new investor Drayton Park Capital and existing investors Granite Ventures, Next Stage Capital and Aster Capital.
The company intends to use the funds to continue to grow operations adding new features and functionality, as well as hiring in its sales, software development and support teams.
Founded in 2006 by Russ Hawkins, CEO, Agilence provides SaaS exception-based reporting solutions for retail loss prevention and operations. Its Retail 20/20™ is a cloud-based reporting solution that provides visibility into daily store operations to reduce fraud and operational inefficiencies.
Launched in 2013, the application has been adopted by 35 retailers, with 20 joining in 2014.
FinSMEs
12/03/2015