Monday, November 5, 2012
SkuLoop Acquired By Revionics
SkuLoop, the online social promotion service headed by Michelle Cranes and which was backed by Tomorrow Ventures, Founder Collective, SK telecom, and Saban Capital Group, has been acquired by Revionics , a provider of merchandising software. According to Revionics, the firm acquired the SkuLoop business and assets from GIIV, Inc., the parent firm of SkuLoop. Financial terms of the buy were not disclosed. SkuLoop's clients included PacSun, Toyota, Paul Frank, 1-800 Flowers, and others, who used the firm's software to drive flash and daily deals offers.