O2 Investment-backed SIB Fixed Cost Reduction to invest in GETIDA.

O2 Investment-backed SIB Fixed Cost Reduction, a provider of fixed cost reduction services, agreed to invest in GETIDA, a developer of a refund-recovery and inventory management system. Financial terms were not disclosed. “We carefully searched for the right investment partners to help GETIDA grow and diversify. I am thrilled that we have found SIB and O2 as strategic and financial partners. GETIDA now has significant capital and resources to further build out our technology and enter new global markets, while also being able to offer our platform users additional savings in areas beyond Amazon," Eytan Wiener, GETIDA CEO.