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Birmingham Post
Birmingham Post
Technology
Graeme Whitfield

London tech firm RevLifter brings part of business to Newcastle after £3m investment

A London technology company has secured £3m in investment that will see it switch part of its operations and create jobs in the North East.

The North East Development Capital Fund and Gresham House Ventures have completed a £3m funding round for RevLifter, an AI-powered technology platform that enables brands to achieve their eCommerce goals through personalised deals and content.

The company - which is used by major retailers such as New Balance, Uniqlo and Staples - aims to help companies solve challenges such as increasing basket values, lowering cart abandonment, raising margin, and boosting conversion rates.

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