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Evant  Acquired by Manhattan Associates (2005 $ 50,000,000)

235 Montgomery Street #1300
San Francisco, CA 94104
Website Company Summary Management Team

Outside board: (May no longer be on the board) Homer Dunn (Evant Former CEO);  Steven Dietz (GRP Partners);  Katrina Roche (Kleiner, Perkins, Caulfield and Byers);  Seungjin Whang (Altos Ventures special partner);  Tom Madison (Talus CEO);  Ted Schlein (Kleiner Perkins)
Former outside board: Joe Finn-Egan (Recovery Equity);  Alfred Grunwald (Deliotte & Touche);  Han J. Kim (Altos Ventures) John Lillie (Lucky Stores CEO);  Jeff Lipkin (Recovery Equity);  Joe Nicosia (GATX Logistics);  Rich Nieman (Leaseway Transport);  Bob Spinner (Extensity CEO)

Business description: Evant is leading the world’s top multi-channel retailers, wholesalers and distributors into the new technological age by providing merchandising and replenishment software that frees up millions of dollars in working capital and enables greater competitive advantage. Evant's Merchandise Planning solution is the retail industry's first four-dimensional, scalable, end-to-end merchandise planning tool designed to support multi-channel operations. Evant Merchandise Planning can plan and forecast sales and inventory requirements across multiple category levels - store, catalog and web channels - all the way down to the SKU/location level. Whether planning top down, bottom up, middle out or a combination of each, our solution accommodates each retailer's specific merchandising processes. Unlike traditional retail planning tools, Evant's Merchandise Planning solution provides several distinct capabilities that empower, rather than limit, inventory managers to drive their planning processes around best practices without productivity limitations.
Customers include: Staples;  Alliance UniChem;  Babystyle;  Cabela;  Good Guys;  GoodTimes Entertainment;  HIT Entertainment;  Littlewoods;  Longs Drug Stores;  Party America;  Professional Veterinary Products;  Shop Direct

Rounds: 3
Recent Fundings: Jun 2004
Capital raised: 125.0M
Last Round: 15.0M
Ownership: Acquired by Manhattan Associates (2005 $ 50,000,000)
Angels/other VCs: Rich Neiman (Wautera)
Corporate investors: Stanford University;  REI;  GATX

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Last Mentions

Record updated: Aug 2005
Sector: Software
Year Founded: 1994
Headcount: 101-150 as of Nov 2002
Rounds: 3
Recent Fundings: Jun 2004
Capital Raised: 125.0M
Last Round: 15.0M
Ownership: Acquired by Manhattan Associates (2005 $ 50,000,000)