Press Release Archives

Boston, MA, April 27, 2022 — Mavrck, the leading influencer marketing platform for enterprise consumer brands, today announced it will join forces with Later, the leading social media marketing and commerce platform for small business owners and creators. The combination was funded with a $135 million strategic investment by global growth equity investor Summit Partners and represents a follow-on to the firm’s December 2021 $120 million investment in Mavrck. Later will continue to operate as a standalone product and business unit, while working together with Mavrck to solve creator measurement and Continue reading →

BOSTON, April 26, 2022 /PRNewswire/ — Dispatch, the leading platform for 3rd party field service orchestration, has announced the acquisition of Youreka, the leading smart mobile forms product built on the Salesforce platform. The transaction also adds significant growth capital. The combination will allow Youreka and Dispatch to accelerate their respective business, expand the partnership with Salesforce, and bring new innovation to the enterprise field service market. “Youreka fills a key gap in field service automation,” said Pat Burns, Dispatch CEO and former SVP of Product at ClickSoftware Continue reading →

Movable Ink today announced that it secured $55 million in a Series D funding round led by Silver Lake Waterman with participation from Contour Venture Partners, Intel Capital and others, bringing the marketing software startup’s total raised to $97 million. The investment comes as Movable Ink — which is valued at $1.3 billion pre-money — plans to invest in “AI-driven” products and expand its over-550-employee workforce to more than 700 by 2023. Personalization is a proven tool to boost engagement. According to a 2018 Epsilon study, Continue reading →

NEW YORK, Feb. 16, 2022 /PRNewswire/ — Movable Ink, the leading content personalization provider, announced today that it intends to acquire Coherent Path, the AI-powered content engine powering some of the world’s biggest brands. Coherent Path aggregates data from a variety of sources and applies AI to map each customer’s unique product discovery path and guide customers towards new products that deliver greater lifetime value for brands and customers alike. Unlike traditional algorithms that reinforce what customers already like, Coherent Path helps customers discover new Continue reading →

The investment positions Mavrck to define a new category of enterprise software focused on helping consumer enterprises harness the power of authentic brand relationships. BOSTON, MA — Mavrck, the leading influencer marketing platform for enterprise consumer brands, today announced it has closed a $120 million investment from global growth equity firm Summit Partners. The new funding will help accelerate the company’s product expansion and support Mavrck’s mission to build the operations cloud to power and execute all types of social proof at scale. Influencer marketing Continue reading →

LONDON–London Stock Exchange Group (LSEG) and OpenExchange Inc. announced the launch of an expanded virtual platform for companies around the world to share company results, investor days, and other public company communications, such as ESG and inclusivity announcements. LSEG has also invested in OpenExchange’s Series D round and Darko Hajdukovic, Head of Multi-Asset Primary Markets and Investment Funds, Primary Markets, will join the OpenExchange Board of Directors as a result. The investment follows a successful three-year program of LSEG companies employing OpenExchange’s concierge technology service Continue reading →

November 10, 2021 09:04 AM Eastern Standard Time BOSTON–(BUSINESS WIRE)–Celtra Technologies, Inc. (“Celtra”), the Creative Automation company, announced today it has signed a definitive agreement to receive a majority investment from Symphony Technology Group (“STG”), a private equity partner to market-leading companies in data, software, and analytics. The STG backing will help Celtra grow in partnership with Celtra’s founders and management team. Celtra, a profitable company since 2017, is expected to generate over $50M in revenue in 2021, growing by over 25% year over year. Continue reading →

BOSTON, MA, October 27, 2021 — OpenExchange Inc., a leading provider of video-enabled virtual event solutions, announced its intent to acquire Veracast Communications, Inc., which delivers webcast and live streaming solutions to the financial services, biotech, and legal industries.  Veracast’s complementary product offerings for webcasting and live streaming combined with OpenExchange’s existing video conference solutions, and its ability to provide concierge managed services, will create an increasingly robust product offering. The combination of the two platforms is expected to result in OpenExchange managing over 50,000 Continue reading →

OCTOBER 13, 2021 Deal expands FactSet’s private markets offering and enhances its PE/VC workflow solutions NORWALK, Conn., Oct. 13, 2021 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced that it has acquired Cobalt Software, Inc. (“Cobalt”), a leading portfolio monitoring solutions provider for the private capital industry. This acquisition advances FactSet’s strategy to scale its data and workflow solutions through targeted investments as part of its multi-year investment plan and expands its private markets offering. The transaction closed on October 12, Continue reading →

NEW YORK, August 17, 2021 – Inc. Magazine today revealed that OpenExchange is No.183 on its annual Inc. 5000 list, the prestigious ranking of the nation’s fastest-growing private companies. The magazine cited OpenExchange’s three-year revenue growth of 2,301.2% in achieving its ranking. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. “Even before the recent Continue reading →