Tuesday, February 26, 2008

SellPoint--Graphical Market Intelligence

What Company Is Offering:
SellPoint's patented Active Product Tours combine rich and engaging product images and video with a customizable array of sales support materials, transforming today's static product pages into an active selling presentation that is proven to motivate shoppers to buy.

How It Works:
The SellPoint Dashboard delivers graphical market intelligence updated daily that reveals shopper interest and activity by product and sales channel. SellPoint's clients include Canon, Fuji, Epson, SanDisk, Panasonic, TiVo, Hitachi, Brother, Pentax, and more. SellPoint's Retail Syndication Network includes over 100 of the top online retailers, including Amazon.com, Best Buy, Buy.com, Circuit City, Costco.com, Wal-Mart, OfficeMax, Sears, Staples, Toys R Us and more. For more information.

How Much They Got From VCs:

SellPoint, Inc., the leading provider of on-demand video product tours, announced today that it has secured $7 million in financing from Granite Ventures, LLC and previous investor Menlo Ventures LLC. SellPoint will use this additional funding to fuel current momentum and expansion of its business.

What VCs Says About Company:
Online video product tours continue to grow exponentially. Studies show that product tours have become a key factor in converting shoppers into buyers at the online point of sale," said Standish O'Grady, Managing Director of Granite Ventures and new SellPoint Board Member. "Given this, our investment in SellPoint was an easy decision as it is the company positioned to lead this growing category based on its unique, patented Active Product Tour technology and the value it provides to consumers, manufactures and retailers."

About VCs:
Granite Ventures has been helping early-stage technology companies build solid foundations for success since 1992. They focus investments in two sectors where partners have deep domain expertise, broad industry knowledge, and significant investment experience: communications and components, and software. Granite has managed over $1 billion in venture capital and has invested in more than 100 private companies. They partner with promising and successful entrepreneurs to create businesses that have a competitive edge, and help those businesses achieve category leadership. For more information, visit www.granitevc.com.

More at: www.SellPoint.net

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