Clavis Insights significantly boosts eCommerce analytic capacity

 

 

DUBLIN – Clavis Insight on Tuesday announced today it has received a $20 million growth equity investment from Accel-KKR, a technology-focused private equity investment firm.  

 

“We have built Clavis into the industry standard in eCommerce analytics for CPG brands by delivering a functionally rich and technologically robust platform that can be used globally,” stated Garry Moroney, Clavis Insight CEO. “Today, Clavis monitors online retailers across more than 20 countries for our customers,” he said.  “The investment partnership with Accel-KKR allows Clavis to effectively capitalize on the growth opportunities ahead of the business, significantly broaden its leadership position in the industry and better support our consumer goods customer base.”

 

The investment will be used to support the Clavis’ strategic growth initiatives including the expansion of sales and customer support efforts in United States, Europe and China and the continued innovation in its eCommerce Intelligence platform.  

 

 “Clavis has created a leadership position in the market by uniquely tackling the most complex challenges global CPG brands face in measuring, monitoring and optimizing brand performance in the eCommerce channel,” commented Greg Williams, managing director of Accel-KKR.