Thursday, April 17, 2008

SignalDemand, the leader in on-demand price and margin optimization software has received a $20 million

What Company Is Offering:
SignalDemand provides manufacturers with on-demand software and services to achieve maximum profit margins in the face of volatile markets and increasingly complex demand decisions. Using patented, comprehensive mathematical models to process thousands of variables, SignalDemand's technology allows customers to adjust supply and pricing on a continual basis. By recommending best price, supply utilization and product mix in moments, SignalDemand enables better day-to-day decision-making. Companies such as Cargill, Farmland Foods, Hormel, National Frozen Foods, Rich Products, Seaboard Foods and Ventura Foods rely on SignalDemand for immediate and ongoing improvement of financial performance.

How Much They Got From VCs:

SignalDemand, the leader in on-demand price and margin optimization software, announced that it has received a $20 million investment from a syndicate of highly regarded venture firms led by a new investor, InterWest Partners. Existing investors Hummer Winblad Venture Partners, General Catalyst and Catamount Ventures also participated. SignalDemand plans to use the funds to spearhead its expansion into new vertical and geographic markets and further enhance its award-winning price and margin optimization offering.

SignalDemand is the world's only provider of price and margin optimization software for manufacturers delivered through a SaaS (Software as a Service) deployment model. Using patent-pending econometric modeling and sophisticated pricing algorithms, SignalDemand helps large-scale manufacturers understand how to optimize their pricing, supply utilization and product mix. SignalDemand customers report significant margin and profit gains from the company's acclaimed software.

About VCs:
InterWest Partners (www.interwest.com), founded in 1979, is a leading diversified venture capital firm focused on building long-term relationships with entrepreneurs and portfolio companies. Currently investing its ninth fund, IW IX, a $600 million fund, InterWest has raised more than $2 billion of capital since inception. InterWest has 17 investing partners in Menlo Park, CA and Dallas, TX, who bring together deep domain knowledge in life sciences and information technology.

More at: www.signaldemand.com

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