Disruptive machine learning technology enabling automatic eCommerce product margin optimisation. Engagement with Alteon bringing immediate access to global Corporate and financial ecosystems
Southampton, UK and Cambridge, MA (PRWEB) October 15, 2015
Incisively, a leading provider of innovative eCommerce optimization solutions and Alteon Capital Partners, an international technology venture development firm, today announced that they have entered into a cooperation to expedite Incisively’s international growth. The companies will work to engage strategic partners and deploy new international market channels. Federico Arcelli and George Lauro, Partners at Alteon Capital, are joining Incisively’s Advisory Board.
Based on the successful market adoption, Incisively plans an accelerated expansion in US and Europe. TrueValue™, Incisively’s disruptive eCommerce SaaS technology, achieves 30% automatic margin uplifts for product merchandising and product pricing. Incisively’s customer base includes global eCommerce leaders such as Four Seasons Hotels & Resorts and Holiday Extras.
“Alteon is the ideal partner in this phase of our company expansion; they have an impressive track record in company building and they bring unique channels into the global Corporate and financial ecosystems” said Kashif Yamin, Founder & CEO of Incisively.
“We are delighted to work with the Incisively team and contribute to the company growth”, said Federico Arcelli, Partner and Head of Europe at Alteon. “Their patent-pending algorithms are a game changer in digital optimization and could benefit a wide range of eCommerce businesses.”
Incisively (http://www.incisive.ly) is a leading eCommerce technology provider, offering a SaaS platform enabling companies to easily integrate machine learning algorithms that continuously deliver enhanced optimization for key eCommerce applications such as merchandising, promotions and pricing. Founded in 2014, Incisively is based in Southampton, United Kingdom.
About Alteon Capital Partners
Alteon Capital Partners (http://www.alteoncapital.com) is a technology venture development firm. We provide access to venture capital, private equity and global corporate development to build companies commercializing market-leading technologies. Alteon’s Partners bring decades of CEO and Board level experience in companies ranging from emergent startups to Fortune 500 companies. They have built several technology companies from prototype stage to high-value exit, creating billions of dollars of shareholder value. Alteon engages with companies across the Information Technology sector.
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