News: Novitas Capital

PA Early Stage Infuses Gazelle Systems with Additional Investment

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Gazelle's software mines customer purchase data from the point-of-sale system via the Internet, making it usable by operators to better identify and understand their customers. In addition, this information enables foodservice manufacturers to purchase the same quality of product tracking information that has been available in the off-premise segment for many years.

"This climate is a challenging one for any emerging business. We know that it's more important now that ever before to pursue our goals, and this round of funding is a vote of confidence in our mission—a mission we believe in and will continue to deliver on," says Charlotte Bogardus, Gazelle's President and CEO. "We appreciate this strong showing of support from our funding partners, and our most valued client."

About Gazelle Systems

Gazelle Systems (www.gaz.com) offers business intelligence reporting and customer relationship management for the hospitality industry. With its POS-integration technology, Gazelle captures and enhances customer-purchase information while providing restaurant management with peer-to-peer benchmarking, business analytics, and guest demographic and geographic profiles in actionable reports. In addition, Gazelle is the premier source for product, place and patron data for both food and beverage foodservice manufacturers through their strategic alliances with Information Resources, Inc. and Catalina Marketing Corporation.

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