Welcome!

Weblogic Authors: Yeshim Deniz, Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

News Feed Item

Quri Delivers Substantial Growth and Lays Foundation for Increased Expansion

Strengthens Executive Leadership Team With New CFO and Two New VPs

SAN FRANCISCO, CA -- (Marketwired) -- 08/21/14 -- Quri Inc., a retail intelligence company that provides on-shelf visibility and insights to Consumer Packaged Goods (CPG) brands, today announced significant growth statistics that illustrate the company's achievements. The company also announced strategic executive hires to fortify its leadership team and execute its long-term strategy. Quri's recent achievements include:

  • For 2H14 over 2H13, revenue increase of 600%
  • Revenue increase of 100% from Q114 to Q214
  • 70 total customers, including 90% of the world's top 25 CPG companies, such as Unilever, Proctor & Gamble and Nestle

In addition to its strong financial and customer figures, Quri also recently expanded its leadership team by introducing three key additions. This quarter, Kathleen Egan joined the Quri team as its new vice president of services and analytics. Egan combines a background at enterprise technology leaders such as Oracle, with strong expertise at early-stage, high growth start-ups. Quri also announced Justin Rowe as new vice president of engineering. Justin recently led a 100-person team to develop enterprise-class solutions as vice president of engineering at SuccessFactors, an SAP company. Finally, Quri's new chief financial officer Selim Freiha brings nearly 20 years' experience in e-commerce at both large public corporations and venture-backed startup companies. Previously, Selim was chief financial officer for PayPal's cross-border trade efforts at eBay.

"Based on Quri's pace of growth, we accelerated our efforts to build a stellar leadership team that supports our current trajectory," said Justin Behar, CEO and co-founder of Quri, Inc. "The response to Quri from the global CPG industry has been very strong and we are truly honored that brands are consistently selecting our platform to collect real-time in-store conditions data so they can addresses their retail execution problems."

Follow us online! Take part in Quri's social conversations where we're talking all things retail analytics:

About Quri
Quri is a retail intelligence company that provides instant visibility into the performance of products and promotions on retail store shelves. Quri enables CPG companies and retailers to measure and optimize the exact shopper experience, maximizing the revenue and profitability of new product rollouts and on-going promotions. Quri is powered by a nationwide, on-demand mobile work force of consumers who can be immediately deployed at over 150,000 retail locations, providing real-time actionable data and insights to brands and retailers. The company is based in San Francisco, CA. For more information please visit: http://www.quri.com.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...