Zyme Solutions disclosed on Monday that it accepted new equity capital infusion to enable them to increase its growth to be able to meet the demand for its solutions. Zyme is the primary provider of solutions on channel data for global technology companies that facilitates Smarter Channel Management for trade leaders.
According to Chandran Sankaran, Zyme Solutions' Founder and Chief Executive Officer, "We have experienced a dramatic increase in customer acquisition rates over the past year - a trend being driven by the inability of home-grown channel data management systems to cope with the increasing appetite for sales visibility within organizations. As product companies attempt to consume channel sales and inventory data to run their businesses, they are unable to keep pace with the complexity and quality problems inherent in this data. Zyme's channel data management platform - which already receives, cleanses and enriches data from tens of thousands of distributors, retailers and resellers in 180 countries - has quickly become a very attractive option for them."
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