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Quri Releases Growth Stats [Health & Beauty Close - Up]
[August 27, 2014]

Quri Releases Growth Stats [Health & Beauty Close - Up]


(Health & Beauty Close - Up Via Acquire Media NewsEdge) Quri reported significant growth statistics that illustrate the company's achievements.

In a release, the Company also reported strategic executive hires to fortify its leadership team and execute its long-term strategy. Quri's recent achievements include: -6x revenue increase from 1H13 to 1H14 -Revenue increase of 100 percent from Q114 to Q214 -70 total customers, including 90 percent of the world's top 25 CPG companies, such as Unilever, Proctor & Gamble and Nestle In addition to its financial and customer figures, Quri said it also recently expanded its leadership team by introducing three key additions. This quarter, Kathleen Egan joined the Quri team as its new vice president of services and analytics. Egan combines a background at enterprise technology leaders such as Oracle, with strong expertise at early-stage, high growth start-ups. Quri also reported Justin Rowe as new vice president of engineering. Justin recently led a 100-person team to develop enterprise-class solutions as vice president of engineering at SuccessFactors, an SAP company. Finally, Quri's new chief financial officer Selim Freiha brings nearly 20 years' experience in e-commerce at both large public corporations and venture-backed startup companies. Previously, Selim was chief financial officer for PayPal's cross-border trade efforts at eBay.



"Based on Quri's pace of growth, we accelerated our efforts to build a stellar leadership team that supports our current trajectory," said Justin Behar, CEO and co-founder of Quri. "The response to Quri from the global CPG industry has been very strong and we are truly honored that brands are consistently selecting our platform to collect real-time in-store conditions data so they can addresses their retail execution problems." More information and complete details: www.quri.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

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