Groupon says its focus is on the bottom line, rather than top-line growth.
Pindar Systems, provider of product content management technology, has received a new investment of $4 million. In addition, Geoffrey Finlay, former JDA and Kewill exec, has joined Pindar’s board as chairman.
Chicago-based Pindar Systems, provider of product content management technology, has received a new investment of $4 million, the company reports. It says it will use the investment to fund expansion of its technology platform.
"This is a significant technology investment, provided by current investors, that`s going to help us make way for further product development and support of both our CMS and Agility enterprise platforms," says David Roache, Pindar Systems` CEO. "We will continue to add functionality that will broaden the footprint from synchronized supplier content integration through the delivery of targeted cross-channel promotions that enhance merchandiser profitability."
Pindar also announced that Geoffrey Finlay, former executive of JDA Software Inc. and former CEO of Kewill Systems, has joined Pindar’s board and been named chairman. At JDA Software, Finlay was managing director and was one of the team of executives who built the company from a small software developer into a global vendor of retail applications. More recently, Finlay served as CEO of Kewill Systems, provider of business-to-business electronic commerce supply-chain management systems.
Pindar’s clients include Fisher Scientific, Office Depot, Allied Electronics, Littlewoods, Argos, John Lewis Direct and Club Med. Pindar Systems provides technology for delivery of content through print and electronic media.