SOLOMO Raises $1.7 Million Series A Round

SOLOMO TECHNOLOGY INC. LOGOSOLOMO Technologies has just closed a $1.7 Million Series A financing round. The round was co-led by Venture Management, LLC and Don Layden, and included participation by Wisconsin Investment Partners. The financing will be used to accelerate SOLOMO’s product development and increase its sales and marketing activities.

The company’s SOLOMO Exchangeâ„¢ platform enables retailers to conduct personalized and localized omni-channel marketing. The platform connects to retailers’ branded mobile applications to support the seamless, trusted exchange of individual customer data. SOLOMO Geoâ„¢, one of the SOLOMO Exchangeâ„¢ services, provides retailers with WiFi-based anonymous indoor location analytics and an array of opt-in localized customer engagement capabilities. More information is available here.