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Response Analytics, Inc., Raises $4.25 Million.


Company the Leader in Advanced Optimization optimization

Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics.
 Analytic Software for Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 Companies

Funds Will Drive Continued Expansion of the Next Generation Technology for Optimizing Customer Demand

SCOTTSDALE, Ariz. -- Response Analytics, Inc., a software and services provider which leverages the power of advanced analytics to optimize customer demand for financial services companies, announced it has completed its latest round of funding at $4.25 million. These funds will be used to build on the initial funding used to develop the Company's software application and will accelerate market expansion and business development. New investors include RWI RWI Rheinisch-Westfälisches Institut für Wirtschaftsforschung (Germany)
RWI Raoul Wallenberg Institute
RWI Recreational Water Illness
RWI Rusty Wallace, Inc.
 Ventures and Peninsula Equity Partners.

According to according to
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1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

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 Donald A. Lucas, General Partner of RWI Ventures, "Response Analytics is a proven team. They have already made significant progress and are working with many top financial services firms that want to leverage the power of advanced analytics to drive their growth. As pioneers of these types of solutions, they bring a unique perspective and first-hand knowledge of the problems financial services firms are facing and the limitations of the available solutions."

According to Brent Lippman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Response Analytics, Inc., "We are honored to have investors like RWI Ventures and Peninsula Equity as our partners in this venture. Each provides a keen perspective on business that will benefit the growth and development of Response Analytics and its customers."

According to Brian Smith Brian Smith is the name of:
  • Brian Smith (photographer), Pulitzer Prize-winning sports and celebrity photographer from Miami Beach, Florida.
  • Brian Smith (ice hockey), a former ice hockey player and Canadian sportscaster.
, General Partner of Peninsula Equity Partners, "By concentrating on financial services, Response Analytics can bring to the financial services market some of the same demand optimization Demand optimization is the application of processes and tools to maximise return on sales. This usually involves the application of mathematical modelling techniques using computer software.  benefits enjoyed by other industries. This management team has a successful track record and has a deep understanding of the financial services industry. They have what it takes to drive marketing analytics for the financial services industry to the next level."

INVESTORS

RWI Ventures

RWI Ventures is a Menlo Park Menlo Park.

1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there.

2 Uninc.
, CA based venture capital firm that focuses on information technology and life science investments. The firm takes a hands-on approach and participates as an active investor, providing strategic advice, financial guidance and extensive contacts.

Peninsula Equity Partners

Peninsula invests in exceptional, early-stage companies across the technology spectrum and focuses on capital efficient companies in the software, infrastructure, services and healthcare IT sectors.

Peninsula focuses on companies where there is unparalleled commitment, drive and passion by the entrepreneurs and then works hard alongside the entrepreneurs to make those companies successful. Having been in the business for more than 15 years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 Peninsula team understands the nature of building companies and believes that the entrepreneurial spirit is essential for the success of any early-stage company. Peninsula brings this spirit along with its capital, perspective and insight to help build the next generation of great companies.

About RAI rai  
n.
A form of popular Algerian music combining traditional Arabic vocal styles with various elements of popular Western music and featuring outspoken, often controversial lyrics.
 

Banks and financial institutions use Response Analytics' solution to accelerate profitable growth. The solution's groundbreaking approach allows financial services companies to implement and operationalize demand optimization throughout a customer's lifecycle by finding the optimal mix of pricing and other product strategies necessary to meet business objectives.

For more information, visit www.responseanalytics.com
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 24, 2007
Words:498
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