Valerie: eCommerce

Showing posts with label eCommerce. Show all posts

Saturday, 28 January 2012

New Roles at Valhalla Partners Build Strength in Digital Media, eCommerce

Vienna, VA (PRWEB) April 11, 2011

Valhalla Partners today announced the promotion of Kiran Hebbar to General Partner, and the transition of co-founder Gene Riechers to a Senior Advisor role at the firm.

"We are very pleased to recognize Kiran's hard work and his contributions to Valhalla's success," said Valhalla co-founder and Managing General Partner Art Marks. "His strong background in digital video, ecommerce, online advertising, and consumer Internet has been vital to Valhalla's work in these areas, and he has been the leading champion of our early stage seed investment program, which we see as vital to our success and the success of technology innovation in the mid-Atlantic."

Hebbar serves on seven Valhalla portfolio company boards: Geomagic, Fishbowl Marketing, Legolas Media, and four seed companies - Shop Socially, Clipik, StatSheet and Spot, Valhalla's newest investment in consumer Internet, which closed earlier this week.

"I'm particularly pleased with our progress on seed investing," commented Hebbar. "In the first three months of 2011 we've made 5 investments and a sixth which will close soon. Of these 3 are new seed investments and one is a seed 'graduation' to a Series A round."

?In order to remain relevant to the innovation ecosystem, venture capitalists need to make smaller, earlier bets on big potential markets,? added Hebbar. ?Modern technology-enabled businesses do not require huge sums of capital to start up. Their management teams are nimble; they can evolve at the same pace as their rapidly-evolving markets. And they need investors who are as nimble as they are.?

Hebbar is a graduate of India's prestigious Indian Institute of Technology, and has graduate degrees in Mechanical Engineering (from University of Maryland) and Business (from the Wharton School). He lives with his wife Namitha and two children in Vienna, VA, and is an avid fan of cricket, understandably gratified by India's come-from-behind win of the World Cup.

In another significant change, Valhalla noted that Gene Riechers has decided to step back from his role as a General Partner of Valhalla and will transition to a Senior Advisor at Valhalla.

"Gene will be working in a new and supportive, but less active role, at Valhalla," said Marks. He will continue to source deals and provide experienced advice to our partners, and we will continue to benefit from his experience and knowledge. While Gene?s investing acumen will be missed, we are pleased that Kiran and other young investing professionals are rising to the occasion, and we are actively seeking other investing staff additions in coming months."

About Valhalla Partners

Valhalla Partners is a trusted partner and advisor to technology entrepreneurs in their quest to build world-class companies. Based in Vienna, Virginia, the firm?s management team has made more than 120 investments over the past twenty years and produced almost $ 1 billion of investment proceeds. Valhalla prefers investments where the mission of the company is to innovate, challenge and fundamentally change the dynamics of new and existing markets. Investments by Valhalla?s team include Advertising.com, CareerBuilder.com, Clarify, EnterpriseDB, Epicor, Exchange Solutions, JumpTap, LeftHand Networks, Mobius, NextLink, Nirvanix, Progress Software, Proxicom, RealOps, Register.com, Riverbed Technologies, SafeNet, SEPATON, ServiceBench, TidalTV, Trilogy, and webMethods. Valhalla Partners brings the full power and network of its experienced team to every investment it makes, helping companies grow faster and smarter regardless of size or maturity.

For more information, go to http://www.valhallapartners.com.

For more information, press only:

Dan Gordon, 703-448-1400, dan(at)valhallapartners(dot)com

###

Related Cricket Live Press Releases

Demandware Powers Sally Beauty Supply's New Cross-Channel eCommerce Site

Woburn, Mass. (PRWEB) July 19, 2007

Demandware (http://www.demandware.com), developer of the breakthrough On-Demand eCommerce Platform+, today announced that Sally Beauty Supply has selected the Demandware platform to create an ecommerce site at http://www.sallybeauty.com. The site will integrate with Sally Beauty's current loyalty and other in-store programs at its 2,200 US stores and provide a cross-channel experience for Sally Beauty customers. Scheduled to go live in advance of the 2007 holiday season, the new sallybeauty.com will feature advanced merchandising, promotion and search capabilities - including integration with Sally Beauty's loyalty card program.

Sally Beauty is partnering with Demandware to meet its business goals of expanding into a new online channel to better meet its customers' needs. Sally Beauty chose the Demandware platform because of its advanced merchandising capabilities and successful history launching sites for other major brands including Bare Escentuals and Playmobil.

Sally Beauty also selected Demandware because its on-demand ecommerce model eliminates unnecessary hardware, IT and staffing expenses. Demandware is the best solution for retailers looking to leverage best of breed merchandising capabilities, ensure high availability for seasonal peaks in traffic, and lower maintenance costs while keeping the site current in order to remain competitive.

"Creating an on-line shopping component will offer our customers an additional way to shop -- at home and at times when it is most convenient for them," said Mike Spinozzi, president of Sally Beauty Supply. "The ecommerce site will also showcase Sally Beauty's wide assortment of professional hair and beauty supplies along with detailed product information, helping our customer choose the best solution for her specialized needs."

A true cross-channel endeavor

The new ecommerce site to be launched on the Demandware platform will be integrated into Sally Beauty Supply's current site creating a seamless online experience for customers. As part of the launch, Sally Beauty is implementing two unique cross-channel programs:

Differential pricing linked with loyalty program - Demandware's flexible pricing engine will allow Sally Beauty to customize item prices based on two different loyalty programs.
Online sales that augment store service capabilities - Sally Beauty sales associates in the company's more than 2,200 stores will be encouraged to improve customer satisfaction and sales growth by promoting online shopping.

"One of our key goals at Sally Beauty is to continue to enhance our customer's shopping experience," Spinozzi explains. "And providing our customer with another avenue to help solve their hair product needs will provide an additional layer of service and convenience for the shopper."

"We are pleased that Sally Beauty has chosen Demandware to implement an ecommerce program that incorporates multi-channel thinking, enabling the entire organization to truly benefit from successful web-based sales," says Stephan Schambach, founder and chairman of Demandware. "Sally Beauty is on target to capture incremental sales and market share while improving customer service levels."

About Demandware, Inc.

Demandware drives the success of high-growth brands with its breakthrough On-Demand eCommerce Platform+ that empowers merchandising and marketing talent with total control over the shopping experience and continuous competitive differentiation. Leading brands such as Bare Escentuals, Playmobil, and Playboy leverage Demandware's best-in-class eCommerce functionality and automatic upgrades to help achieve higher conversion rates, increase average order size, and improve customer retention. Demandware is the only on-demand eCommerce solution that enables the rapid rollout of new sites, provides ubiquitous access to business and technical users, and is backed by a patented grid computing architecture that delivers capacity as needed for performance and reliability that exceeds industry standards. For more information about Demandware, visit http://www.demandware.com, call 888 553 9216 or email info@demandware.com.

About Sally Beauty Holdings, Inc.

Sally Beauty Holdings, Inc. is an international specialty retailer and distributor of professional beauty supplies with revenues of more than $ 2 billion annually. Through the Sally Beauty Supply and Beauty Systems Group businesses, the company sells and distributes through over 3,100 stores, including approximately 170 franchised units, throughout the United States, the United Kingdom, Canada, Puerto Rico, Mexico, Japan, Ireland, and Germany. Sally Beauty Supply stores offer more than 5,000 products for hair, skin and nails through professional lines such as Clairol, L'Oreal, Wella, Conair and Revlon, as well as an extensive selection of proprietary merchandise. Beauty Systems Group stores, along with approximately 1,200 consultants, sell up to 9,500 professionally branded products including Matrix, Redken, Paul Mitchell, Wella, Sebastian, Graham Webb, Rusk, and TIGI, targeted exclusively for professional and salon use and resale to their customers. Information about the Company is available on http://www.sallybeautyholdings.com

###

Prince of Scots Announces Launch of the Next Generation in E-Commerce

Southampton, New York (PRWEB) October 07, 2011

Prince of Scots announces the launch of the next generation in e-commerce trends for the luxury and boutique sector of fashion retailers. Fashion trends change daily. Meanwhile technology trends are brisk with updates to the iPhone, Facebook, and countless new apps for the Android. The Fashion Press on Prince of Scots website will merge the best of the fashion world with technology. The new site offers a new concept for the modern luxury lifestyle.

The Prince of Scots on-line experience is all about fashion, food, fun, and shopping of course. David Campana, E-Commerce Director, said plans for the site were to create a new socially interactive shopping environment. The Mission: To offer an online resource for fashion trends, celebrity watching, luxury lifestyles, weather, living in the Hamptons including a beach cam, and industry insight which will all marry back to a shopping destination for special gift exclusive in the market place.

Shopping on Prince of Scots is unique. Readers will find a luxury collection of gifts. The site will include the signature line, Iona Crawford, McAlson Boxers and Swimwear, Patricia Brown Jewelry, John Hardy men?s furnishings, Thompson of London cufflinks, Designer Del Tempo watches, Ermenegildo Zegna and Ermenegildo Zegna ~Baby~ cashmere throws, blankets, and scarves.

?Our goal was to create a virtual store where our customers can come relax, enjoy coffee from the comfort of their office or home, read leisurely stories, and shop at the same time,? Campana said.

Prince of Scots content will share online resources of light entertainment. The corporate strategy is to create frequent visits which will convert readers to loyal customers. More Clicks to a website is similar to footsteps in stores according to Campana. Visitors can also view the Prince of Scots Twitter Feed and link to Facebook post to interact with the global fan base of the brand.