Hot on the heals of their launch of Terapeak 5.0, Victoria based e-commerce research and analytics leader Advanced Economic Research Systems Inc. (AERS) announced today the closing of a $1 million round of private equity funding. Since 2005, AERS has raised close to $3 million in start-up financing from private investors to develop a suite of products designed to harvest the wealth of consumer activity information on eBay. This announcement also highlighted the successful debut of their financial analyst dashboard at the O'Reilly Money: Tech Conference on Wall Street and their current growth trend - they're generating the highest revenues and subscriber monthly growth in the history of the company.
Advanced E-commerce Research Systems (AERS) is a Canadian company currently operating out of the Vancouver Island Tech Park located in Victoria, British Columbia, Canada. The company was founded in 2002 by two brothers, Anthony and Andrew Sukow, in order to fulfill the need for reliable market research on the eBay marketplace. Having operated out of the University of Victoria until September, 2005, AERS has been... more