Kevel Raises $52 Million in Largest Funding Round to Expand Retail Media Technology
· 28h ago · Originally reported by Retail Technology Innovation Hub
Retail media technology platform Kevel has secured $52 million in its biggest funding round so far. The new capital will support Kevel’s growth and further development of its retail media solutions.
Why it matters
This funding highlights the increasing investment and competition in retail media technology, as brands and retailers seek more advanced tools to monetize digital storefronts and reach shoppers.
Explain it like I’m new here
Kevel got a big pile of money to make better tools that help stores show ads to people shopping online.
Read the original at Retail Technology Innovation Hub
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