Agilence Raises $4 Million

Enterprise IT startup Agilence announced it has closed $4 million in financing from Wellington Financial.

Agilence, Inc., is an industry leader in next-generation, exception-based reporting solutions for retail loss prevention and operations. The company develops Retail 20/20™, an intelligent store-level reporting solution that provides visibility into daily store operations to reduce fraud and increase efficiency. Retail 20/20 provides users with complete views of their businesses, empowering them to make informed decisions faster, to increase efficiency, and to improve profit margins across the enterprise. Founded in 2006, Agilence, Inc., is headquartered in Mount Laurel, NJ.

In its announcement, the company said Agilence will use the new capital to grow the team and expand its products.