R2Net, Inc. - JamesAllen.com
Jewelry eCommerce Solutions
Company Overview
Snapshot
Founded in March 2006 by Oded Edelman, R2Net, Inc. - JamesAllen.com operates with 201–500 employees. The company has raised a total of $25 million across one funding round, attracting IGP - Israel Growth Partners. A significant milestone for the company was its acquisition by Signet Jewelers in August 2017.
Business overview
R2Net, Inc. - JamesAllen.com operates an eCommerce and supply chain platform that integrates the diamond industry's ecosystem, connecting manufacturers, retailers, and consumers. Its core technology provides highly magnified 360-degree high-definition images of diamonds, displayed on platforms like D-Market and JamesAllen.com. This enables digital transactions for diamonds, bypassing the traditional expenses and delays of brick-and-mortar retail. The company serves the jewelry market, operating within the Retail Platforms sector, specifically focusing on e-Commerce Tools and Goods.
Strategic signal
In August 2017, R2Net, Inc. - JamesAllen.com was acquired by Signet Jewelers for $328 million. This acquisition by a major jewelry retailer signifies a strong validation of R2Net's innovative e-commerce platform and its ability to disrupt traditional diamond sales. For investors, this demonstrates the strategic value of technology-driven solutions in the retail sector and highlights the potential for significant exits in the e-commerce and luxury goods markets.
Log in to access full profile ›Company Intelligence Q&A
- What is R2Net, Inc. - JamesAllen.com's primary business?
- R2Net, Inc. - JamesAllen.com operates an eCommerce and supply chain platform that connects the diamond industry's ecosystem, including manufacturers, retailers, and consumers, primarily through its JamesAllen.com brand.
- When was R2Net, Inc. - JamesAllen.com acquired?
- R2Net, Inc. - JamesAllen.com was acquired by Signet Jewelers in August 2017 for $328 million.
- What was a key acquisition made by R2Net, Inc. - JamesAllen.com?
- In February 2015, R2Net, Inc. - JamesAllen.com acquired Segoma, a company that provides highly magnified 360-degree high-definition images of diamonds.
- What technology does R2Net, Inc. - JamesAllen.com utilize?
- R2Net, Inc. - JamesAllen.com provides highly magnified 360-degree high-definition images of diamonds to facilitate digital transactions for retailers, manufacturers, and consumers.