TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Tracker

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from Orange

Tracker

Orange Digital Ventures participates in 7 million-euro funding round in Wynd

Via Orange

Oct 12, 2015

Paris, Monday, October 12, 2015

Orange Digital Ventures took part in a 7 million-euro funding round, led by the investment fund, Alven Capital, in the start-up Wynd. This French start-up develops Software as a Service (SaaS) solutions under the Wynd brand for connected commerce, which enables merchants to create cross-channel sales paths and digitize their points of sale. This round of financing followed a first round in October 2014 in which the Parisian start-up raised 1.8 million euros.

Orange Digital Ventures took part in a 7 million-euro funding round, led by the investment fund, Alven Capital, in the start-up Wynd. This French start-up develops Software as a Service (SaaS) solutions under the Wynd brand for connected commerce, which enables merchants to create cross-channel sales paths and digitize their points of sale. This round of financing followed a first round in October 2014 in which the Parisian start-up raised 1.8 million euros.

In just two and a half years, Wynd has positioned itself as a key player among major retail groups in France as well as several other European and Middle Eastern countries. The financing will be used to support the expansion of the Wynd team and increase its ability to roll out its services in points of sale in response to growing demand in France and internationally, and to step up product transformation toward multi-sector usage.

The Wynd solution deeply transforms sales channels by covering a global perimeter to support in-store convergence (cash register, order screens, production screen, smart TPE, etc.) and out-of-store convergence (e-commerce platform, m-commerce, marketplace, car and bike drive-ins, etc.) while offering tools to streamline productivity, increase sales and improve customer knowledge. Wynd is already working with major national retailers in two key areas: the restaurant sector (Flunch, Elior, Nabab Kebab, Exki, etc.) and florists (Monceau Fleurs, Happy and RapidFlore).

With its cross-channel sales offer, Wynd is a core player in growth and operational efficiency for its customers. By associating itself with Wynd, Orange is once again furthering its goal of supporting startups working on innovative solutions with a high added value.

Pierre Louette, Deputy CEO of Orange and President of Orange Digital Ventures, said “We are proud to associate ourselves with Wynd, which has anticipated many of the changes to the distribution sector that have resulted from the development of digital services. Through this investment we are participating in the development of solutions that facilitate the customer’s overall experience. This investment could open up important prospects for improving customer experience in our own offers, reflecting one of the main promises of our Essentiels2020 strategic plan.”

Ismael Ould, CEO and co-founder of Wynd, said: “We are very happy to reach this new stage in the development of the company. Our vision for the transformation of the retail sector is in line with current trends and we have managed to win over the confidence of several important customers and we will continue to offer disruptive services to support them in their digital transformation. The whole team has worked hard to bring these results and Alven Ventures and Orange now represent the perfect partners to help bring Wynd up to a new level in its development”.

Related Topics
  • Announcement,
  • Europe,
  • News,
  • Orange,
  • Tracker

More Like This

AI, Analytics & Automation

Siemens, IBM, Red Hat Launch Hybrid Cloud Initiative to Increase Real-time Value of Industrial IoT Data

Feb 24, 2021

Sustainability

ProFuturo and Wayra reward two startups that bring electricity and connectivity to remote schools

Feb 24, 2021

Mobile

EE to extend 4G coverage in more than 500 areas in 2021 to boost rural connectivity

Feb 24, 2021

Access Evolution

Acting Chairwoman Rosenworcel Proposes Open RAN Notice of Inquiry

Feb 24, 2021

Open RAN

Airtel and Qualcomm to Collaborate for 5G in India

Feb 23, 2021

This content extract was originally sourced from an external website (Orange) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

On-demand Workshop: How to build your cloud native 5G core platform

16:48

The case for mmWave in 5G networks

25:55

The Private Mobility Opportunity for Enterprises

12:04

VMware learnings from DISH 5G rollout

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices