Shortly after its founding in 2012, Slyce launched one of the most innovative and influential apps in the tech industry. In February of 2013, The Toronto-based firm released a visual search app that is greatly helping retailers and customers alike. Yahoo! Finance has published a report revealing information related to Slyce’s fourth-quarter of 2015. The report truly reveals a company on the move.
Slyce has signed a host of deals with online retailers. Clearly, this is fantastic news for the company. The more retailers Slyce signs contracts with, the more revenue the company will generate. Top retailers such as Neiman Marcus and Shoes.com are all enterprises that would greatly benefit from Slyce’s technology.
The technology includes more than visual recognition programs. The reports also highlights the other new technological developments and apps the company has come up with.
Slyce Link is one of the most valuable of new platforms, and is the product of one year of development. The platform is designed to help retailers provide targeted recommendations to customers perusing websites. Doing so greatly boosts the potential to make sales.
Other interesting innovations made by Slyce include a Universal Scanner, a Coupon Author, and a 2D Content Management System. These are just a small amount of the programs the company has devised.
Slyce has also accepted a solid amount of new financing – $7 million. The funds should go a long way towards helping the company expand. Of course, the funds will also be used to develop new products.