The funding round values the company at more than $1 billion. Sprinklr has raised $123.5 million to date.
Twenty-five members joined UCCnet following the announced support of UCCnet’s services at the recent Grocery Manufacturing Association Executive Conference.
Adoption of UCCnet’s global registry and implementation of its data synchronization engine is speeding up, Thomas P. Duffy, vice president of marketing and administration, tells Internet Retailer. Twenty-five members signed up following the announced support of UCCnet’s services at the recent Grocery Manufacturing Association Executive Conference. Both the GMA and the Food Marketing Institute announced industry targets of Jan. 1, 2003, for members to begin using UCCnet as the industry foundation for electronic collaboration. Members of the not-for-profit standards-based organization now total 101, comprised of 91 manufacturers and 10 retailers, including one of its biggest public supporters, Wal-Mart Stores Inc.
UCCnet’s global registry is a repository for manufacturers and suppliers to list their products using 72 different product attributes. Retailers who subscribe to UCCnet can easily connect to the repository via the web to search for goods to be sold in stores. Having suppliers and retailers using the same e-collaboration standards facilitates electronic trading because the players are using the same language to communicate, which results in faster ordering, delivery and eventually time to market.
Randy Salley, vice president of merchandising systems at Wal-Mart, told the Retail Systems conference in Chicago this week that Wal-Mart is satisfied with the results of a comparison in which it used UCCnet item standards for products in Argentina but not in Brazil. Salley said Wal-Mart is encouraging the industry to support UCCnet standards