Walnut, CA – According to filings with the U.S. Securities and Exchange Commission, Placer.ai is raising $69,999,998.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Noam Ben-Zvi played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Placer.ai
Placer.ai provides retailers with actionable insights and location analytics into their audience and competition. With unprecedented visibility into humanity-in-action, every retailer can be brilliant at running their business. Retailers make critical decisions every day whilst in the dark. They do not have answers to seemingly simple questions: Who visits my store? Where do they live, or work? What other locations do they frequent? What’s my churn rate? Where do those lost customers go? What are my competitors up to? And ultimately, how should I deploy my limited resources to grow my business? Placer.ai provides instant access to location analytics derived from the foot traffic of millions of consumers, delivering visibility into offline behavior. We shed light into churn, trade areas, untapped audiences, out-of-store behavior, and competitive benchmarking.

To learn more about Placer.ai, visit http://placer.ai/

Contact:
Noam Ben-Zvi, Chief Executive Officer
415-228-2444
https://www.linkedin.com/in/noam-ben-zvi-82851a19/

SOURCE: http://www.intelligence360.io
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