Celect Named a Visionary in Gartner's 2017 Magic Quadrant for Retail Assortment Management Applications

Boston, MA – October 24, 2017:  Celect, a market leader in predictive analytics and inventory optimization for retailers, announced its inclusion as a Visionary in the 2017 “Magic Quadrant for Retail Assortment Management Applications” report by Gartner, Inc.

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Celect Mentioned in Gartner's 2017 Hype Cycle for Retail Technologies

Boston, MA – September 12, 2017 -- Celect, a market leader in predictive analytics and inventory optimization for retailers, announced that it has been listed as a sample vendor in Gartner’s “Hype Cycle for Retail Technologies”[i] in the categories of Algorithmic Retailing and Algorithmic Merchandise Optimization.

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Celect Named in Gartner's 2017 Cool Vendors Report for Retail Merchandising

Boston, MA – May 24, 2017 -- Celect, a market leader in predictive analytics and inventory optimization for retailers, announced its inclusion in the May 2017 “Cool Vendors in Retail Merchandising and Marketing” report by Gartner, Inc.

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Celect raises $10M led by Activant Capital to build on strong revenue growth in 2016

Funding will fuel continued revenue growth and development of the company’s predictive analytics and optimization platform.

Boston, MA – February 28, 2017 -- Celect, a market leader in predictive analytics and inventory optimization for retailers, announced today that it has closed $10M in Series B funding. Led by Activant Capital with participation from Fung Capital and August Capital, the funding will be used to extend momentum built in 2016 after closing the year with 2.5x revenue growth. In addition, Celect will accelerate product development to support growing customer demand and aggressively cultivating sales pipeline to seize on the current market opportunity.

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Celect Convenes Predictive Analytics Forum for Retailers

An intimate event for best in class retailers to discuss the adoption of advanced analytics.

Boston, MA – December 13, 2016 -- Celect, a market leader in predictive analytics and inventory optimization for retailers, convened its first executive level event dedicated to the rise of predictive analytics in retail. Retail’s Predictive Analytics Forum was held in New York City on December 8, 2016, bringing together over 50 leading retailers to discuss the impact of advanced analytics on the merchandising, planning, and allocation process, while sharing best practices and experiences. 

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Celect partners with Current, powered by GE

Smart Outcomes for Enterprises, Cities Grow as Current, powered by GE Expands Digital App Catalog

Boston, MA – June 14, 2016 -- To broaden business outcomes and use cases, Current, powered by GE (NYSE: GE), continues to grow its Intelligent Environments App catalog. Six new partners join the company’s expanding digital ecosystem, pairing sensors and software with Current’s energy-centric infrastructure and GE’s Predix cloud platform to drive new learnings and outcomes for commercial and municipal customers.

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Timing is Everything

Boston, MA - May 16, 2016 -- 2015 was a big year in the growth and development of Celect, across all dimensions – our customer base, our partner community, our product, our team, and the market opportunity we see in front of us. With each of these elements coming together, 2016 promises to be no less exciting.

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Urban Outfitters, Inc. Chooses Celect to Optimize In-Store Assortments

Celect Partners with Urban Outfitters, Inc.

Boston, MA – March 22, 2016 -- Celect, a market leader in predictive analytics and choice modeling for retailers, today announced the addition of Urban Outfitters, Inc. (NASDAQ:URBN) to the company’s growing list of customers. 

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Celect Announces Four New Advisory Board Members

New Advisory Board members bring unique experience to expand the usage of predictive analytics in the retail market.

Boston, MA – December 1, 2015 -- Celect, a market leader in predictive analytics and choice modeling for retailers, today announced the addition of four members to the company’s Advisory Board. This move supports the company’s plans to aggressively expand its innovative predictive analytics platform in the retail market.

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Celect Announces Strategic Investment and Technology Development Agreement with In-Q-Tel

Strategic partnership to bring scientific breakthrough in choice modeling to the U.S. Intelligence Community.

Boston, MA – September 2, 2015 -- Celect, a market leader in predictive analytics and choice modeling for retailers, today announced a strategic partnership with In-Q-Tel, the investment organization that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community.

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