June 27, 2017 | Israeli retail tech startup Trax has raised $64 million in its fourth financing round. Warburg Pincus was the lead investor, providing $50 million. To date, the company has raised $167 million. Last week, Trax partnered with Nielsen International to market a product line together. Trax founders Yoel Bar-El and Dror Feldheim hope to use the money raised to acquire a competitor and fund the Nielsen partnership. Founded in 2010, Trax developed technology to create business intelligence and improve retail performance.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts
Israeli AI Safety Tool Among TIME’S Best Inventions For 2024
October 31, 2024
TAU Team Discovers Mechanism To Eliminate Cancerous Tumors
October 30, 2024
Ashdod Port Investing In Startups As Part Of Innovation Strategy
October 29, 2024
BGU Develops Fast Fact Checking Via News Sources Not People
October 28, 2024
Facebook comments