The award honors promising new companies expected to drive digital retail forward. The digital startups could significantly improve or alter the retail industry with their innovations.
Dynamic Action, a data analysis company company based in Silicon Valley, California was named Digital Commerce Startup of the Year today at the National Retail Federation’s annual Shop.org conference in Los Angeles.
“This award recognizes promising young companies that are pushing the boundaries of the digital retail experience,” NRF Senior Director for Digital Retail Jill Dvorak said. “Venture capitalists, retailers and analysts alike agree that this year’s finalists all have the ability to positively impact the course of the retail industry. With the help of presenting partner Intel, we are happy to honor Dynamic Action today and are confident that it will continue driving digital retail forward with its innovations and vision for the future.”
“It’s a great honor to be recognized with all the other finalist,” Dynamic Action CEO John Squire said. “To win this award is a strong testament of the work our team, investors, but most importantly our judges, saw in Dynamic Action’s ability to transform retail.”
Dynamic Action was one of three finalists selected in August, and the final winner was chosen by a panel of industry judges after the companies’ CEOs made presentations at this week’s conference. The two additional finalists and their CEOs were Demandjump, a marketing technology company in Indianapolis (Christopher Day, co-founder and CEO), and Salsify, a product content management company in Boston (Jason Purcell, CEO).
Judges for the competition were:
Joe Jensen, vice president and general manager, retail solutions, Intel
Pano Anthos, founder and managing director, XRC Labs
David Brussin, founder and executive chairman, Monetate Inc.
Bryon Colby, senior vice president, Cornerstone Brands Inc.
Chuck Davis, chairman and CEO, Prodege
Kobie Fuller, general partner, Upfront Ventures
Michael Griffin, founder and CEO, Adlucent
Angela Kapp, president, Kappcorp
Mary Lou Kelley, former president, ecommerce, Best Buy
Alex Miller, senior vice president, digital commerce, QVC
The Digital Startup of the Year award is presented each year to recognize the industry’s most innovative and creative startup that experts agree will significantly improve or alter the retail industry. Companies must be U.S.-based retail or technology firms in business for less than five years with less than 100 million dollars in annual revenue. The winner receives 20,000 dollars and a free one-year NRF membership, and has a chance to pitch its products and services before ecommerce and technology executives from NRF’s Digital Council.