Upstream Commerce, an Israel-based provider of pricing and assortment intelligence services for retailers, has raised $3m from venture capital firms YL Ventures and Bright Capital, a multi-corporate venture capital firm.
Upstream’s customers include Toys ‘R’ Us and Staples.
Gleb Kaplun, Bright Capital’s investment director, said: “Upstream Commerce has a great team, fantastic technology, and a tremendous vision that will undoubtedly shape the future of retail intelligence.”