CEO Steve Rothwell talks to Ben Sillitoe on having Sir Terry Leahy and Simon Burke on the board, and what he sees will drive mobile technology rollout for retailers.
Eagle Eye Solutions, the market leader in mobile voucher issue and redemption technology for retailers, has announced that it has secured £1.5 million in a Series A round of funding. Sir Terry Leahy, the former chief executive of Tesco, and top-ranked City retail analysts, Bill Currie and Iain McDonald, bringing a wealth of expertise to the company, led the financing.
Sir Terry Leahy, best known for overseeing Tesco’s meteoric rise within the retail industry and the original brains behind the Tesco Clubcard, is already taking an active role in the company, making a number of introductions with senior level contacts in the retail space. City retail analysts Bill Currie and Iain McDonald, who have an impressive track record of successfully investing in consumer facing businesses, including The Hut Group, Metapack, ASOS, QXL Ricardo and Zooplus will be using their expertise in e-commerce to help guide Eagle Eye’s business strategy.This funding will enable Eagle Eye to further expand its team, consolidate and grow its retail partnerships, further establishing the company as the forerunner in digitally redeemed mobile coupons and gift vouchers.
“This is an exciting time to get on board with Eagle Eye Solutions, which has expanded its retail partnerships rapidly in recent months. The retail industry is waking up to the huge opportunities that mobile marketing represents and mobile coupons are a vital component. Eagle Eye is leading the way in this field and I look forward to playing a part in its positive impact on the market. ” said Sir Terry Leahy.
Steve Rothwell, CEO, Eagle Eye Solutions, said: “We are delighted to have secured the backing of such experienced and high profile figures within the industry. Our technology empowers retailers with physical stores to use digital marketing techniques that have worked so well online in the last 15 years. This funding round will enable us to accelerate our progress and sign up more retailers more quickly than we could organically.”
The key to any digital voucher is the ability to redeem simply and securely, in real time and with the ability to track customer usage. Eagle Eye delivers that vision today for retailers, using the Chip and PIN pad and without any requirement for a massive upgrade of retail/EPoS systems. It is already working with a number of high profile retailers, including Comet, Aurora Fashions, Blockbuster and Virgin Active.
This news follows the recent appointments of Simon Burke, the former Chief Executive of Virgin Entertainment Group and Chairman of Hamleys PLC, as Chairman and of Russell Buckley, former VP of Global Alliances at Admob (now owned by Google) as Chief Marketing Officer at Eagle Eye Solutions.
Read more about it here:
Daily Mail – Sir Terry Leahy’s ‘eagle eye’ fixes on mobile coupon start-up
City AM – Sir Terry buys British again
Retail Gazette – Leahy invests in mobile voucher firm Eagle Eye
The Retail Bulletin – Eagle Eye Solutions raises £1.5 million for mobile coupon technology
New Media Age – Sir Terry Leahy leads £1.5m investment in mobile coupons firm Eagle Eye
GoMo News – Eagle Eye Solutions raises £1.5m for Mobile Coupon Technology Series A funding led by Sir Terry Leahy, Bill Currie and Iain McDonald
Mobile Marketing Magazine – Eagle Eye Solutions Raises £1.5m
Retail Systems – Sir Terry backs mobile voucher tech firm
Retail Times – Sir Terry Leahy invests in digital mobile coupon company
Real Business – Sir Terry Leahy invests in mobile voucher firm Eagle Eye Solutions
Marketing Week – Sir Terry Leahy invests in mobile coupon company
Mobile Entertainment – Eagle Eye Solutions raises £1.5m
Growing Business – Leahy leads investment in Groupon-style mobile start-up
M&M Global – Eagle Eye Solutions secures $2.4m funding
Retail IT – Sir Terry Leahy invests in mobile coupon company
Simon Burke, the former Chief Executive of Virgin Entertainment Group and Chairman of Hamleys PLC, has today joined Eagle Eye Solutions, the market leader in mobile voucher issue and redemption technology for retailers, as Chairman.
Simon Burke is a highly experienced retailer, having led or been a Board member of a host of prominent UK retail brands, including Virgin Megastores, WH Smith, Hamleys, and Majestic Wine. He is currently Chairman of Hobbycraft and Mitchells & Butlers PLC, and is a Director of the BBC.
Eagle Eye Solutions is the market leader in delivering mobile voucher issuance and redemption technology to retailers. The key to any digital voucher is the ability to redeem simply and securely, in real time and with the ability to track customer usage. Eagle Eye delivers that vision today for retailers, using the Chip and PIN pad and without any requirement for a massive upgrade of retail/EPoS systems. Eagle Eye is already working with many prominent retailers including Comet, Aurora Fashions, Blockbuster and Virgin Active.
“I am very pleased to be joining Eagle Eye. Mobile vouchers are the next big thing in retail and leisure. This technology offers the only easy way to redeem these vouchers securely and in a way which tracks the usage, both of which can be invaluable to businesses. I look forward to working with the Eagle Eye team and helping to drive this innovation further into the retail and leisure sectors” said Simon Burke.
Steve Rothwell, CEO, Eagle Eye Solutions, said: “We’re delighted that such an experienced and high profile figure in the retail industry is joining Eagle Eye at a time when we’re enjoying a rapid expansion of our retail partnerships. Mobile vouchers are going to be key for retail mobile marketing and it’s great that our solutions are going to play such such a pivotal role in the future of retail”
Read more about it here:
City AM – Simon Burke takes job at mobile vouchers company
Retail Bulletin – Simon Burke joins Eagle Eye as Chairman
Retail Gazette – Eagle Eye Solutions appoints Simon Burke as Chairman
Mobile Europe – Simon Burke appointed Chairman of mobile voucher redemption specialist Eagle Eye Solutions
Mobile Entertainment – Eagle Eye Solutions hires former CEO of Virgin Entertainment
Retail Times – Mobile voucher provider to retailers has Eagle Eye for new chairman
Mobile Marketing Magazine – Simon Burke Joins Eagle Eye as Chairman
M&M – New chairman for Eagle Eye Solutions
Growth Business – Eagle Eye Solutions hires retail veteran Burke
Retail Week – Burke to chair Eagle Eye Solutions
Retail Design & Technology – A further appointment at Eagle Eye Solutions