Revionics Claims Big Sales Gains

Austin-based Revionics, which develops software used by retailers to manage their merchandising, reported today that it has seen a more than 300 percent increase in its software-as-a-service sales in the first half of the year. Actual sales figures were not announced by the company. The company also said it had a 100 percent renewal rate on its customers. The company said those sales resulted in a 49 percent increase in overall revenues for the company. Revionics is led by Marc Hafner.