Recently, business intelligence solution provider Bizvane announced to have completed its Series A financing of several million USD, led by Ventech China. Through Bizvane’s products including Hui Yuan Tong, Ai Xiu and You Shu, the company provides service like data visualization, marketing automation, online & offline data connection based on the its CRM (customer relationship management) system. At present, Bizvane has provided service to more than 200 brands, which are mainly apparel and cosmetics companies and include famous brands such as JNBY, Anzheng Group, Luolai Group, MO&Co, Global Brands Group, etc.,

The management team of Bizvane has rich experience and resources in both retailing and software industries. Morgan Zhang, CEO of the company, has been working in retailing and e-commerce industries for 20 years. He took part in the development of Newegg.cn from scratch to hundred-million RMB scale, took a leading role in the business growth planning and implementation of listed company Meters/Bonwe from billion-RMB to tens of billions of RMB, and took charge of the strategy and investment work of listed company Gui Ren Niao Group. Wei Feng, CPO and co-founder of Bizvane, previously established and developed the leading vertical ERP company Burgeon and deeply involved in information management projects of well-known brands such as CK, Tommy Hilfiger, AoKang Shoes, JNBY, etc.,

The strong management team and deep industry understanding also lead to Bizvane’s comprehensive and powerful product matrix. Despite the fact that many large domestic and international companies have their presence in Chinese CRM and business intelligence sectors, few of them possess the competence of providing practical and cost-effective products tailored to medium-sized companies due to lack of insights in their clients’ industries. At the same time, the product and service provided by Bizvane can benefit the clients’ staff at different levels: from helping shopping salespeople in member information management, customized recommendation and marketing, supporting regional managers in sales performance management and store resources deployment, to providing real-time sales data and large-scale promotion & marketing activities planning to management teams.

Eric Huet, Managing Partner of Ventech China, also speaks highly of Bizvane: “Coming from software industry and having worked in top tier companies including Business Intelligence, I can say that Bizvane developed a world class software platform particularly for retail industry. This company has the potential to reach very high goals because the experienced team answers precisely to the needs of this industry and the vision as well as the capability to deliver will make the product evolve far front of the competitors.”