Financial backing to fuel Slyce growth and product development
Online PR News – 13-January-2017 – Slyce Inc. announced it had been acquired by Anzu Partners, an investment firm based in Washington DC. As part of the transaction, Slyce received a significant infusion of growth capital, which it will use to enhance its industry-leading visual search capabilities. Slyce will also become a private company, having previously been listed on the Toronto Venture Exchange (TSX-V).
Slyces experienced management team will remain in place. Current CEO Ted Mann will lead the newly private Slyce, and Adam Turkelson will continue as Chief Technology Officer. Steve Lovell will continue as Chief Revenue Officer, leading Slyces visual search services and enterprise relationships. Nicole Harris will become Chief Operating Officer as well as leading Slyces consumer applications, including SnipSnap and Craves, and Kyle Martin will be Chief Product Officer.
Slyce is committed to delivering the best visual search solution for retailers and industrial customers, and we are excited about the prospects for growth in 2017, commented Mann. The new investment will enable major product improvements to deliver high quality results much faster to users by integrating more machine learning and artificial intelligence into the technology solution.
Slyce has developed an industry-leading platform for visual search, added Whitney Haring-Smith, Managing Partner at Anzu Partners. Slyce has driven great results for its current customers deepening relationships with consumers and we are excited to partner with the Slyce management team on the path ahead.
The senior management team is available to answer any questions that current customers or partners may have about the transaction. Email addresses will remain the same after the transaction.
About Anzu Partners