Qsic Secures $25 Million USD in Series B Funding to Reinvent In-Store Audio For Retail Media

Quick Summary:

The intelligent in-store audio platform is set to expand AI capabilities for audio ad creation, measurement and advanced audience targeting to help retailers boost in-store sales and turn on new revenue streamsDALLAS, Jan.28, 2025 (GLOBE NEWSWIRE) -- Qsic, the global intelligent in-store audio platform that elevates the in-store experience and drives incremental revenue, today announced that it closed a $25 million Series B funding round led by Hedosophia.

Powering in-store audio and retail media for leading retailers and QSRs like 7-Eleven, Coles Express and McDonald's to boost in-store sales, Qsic currently reaches more than 100 million shoppers at the point of purchase monthly, with more than 70,000 speakers set to deploy across North America over the next year.

Reaching over 100 million in-store shoppers monthly, Qsic helps retailers activate their Retail Media Networks by setting up, running and commercializing their audio assets.

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Article Details

Author / Journalist: Qsic

Category: Technology

Markets: China

Topics: Global In-store Qsic Audio Intelligent Shoppers Million Media Scale Retail Sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 13:01:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Readers: 61 people read this story

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Sentences: 21 lines

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