Research Triangle Park, NC – April, 29 2010 – ChannelAdvisor, a solution provider that enables online retailers to improve efficiency and increase revenue, today announced that it has been selected as one of JMP Securities’ 100 Best Privately Held Internet Companies. JMP Securities, a San Francisco-based investment bank, recently published the inaugural edition of the “Hot 100” list, placing ChannelAdvisor in league with companies such as The Gilt Groupe, Facebook and LinkedIn.
“We’re honored to be included in this report, especially alongside many of our partners and current customers,” said ChannelAdvisor CEO Scot Wingo. “We’ve worked diligently to improve our solution, bring our retailers cross-channel growth and help them sell more. When a third party recognizes your efforts, it’s incredibly rewarding.”
JMP Securities’ equity research analysts identified the Hot 100 by scouring the industry for a list that represented both established companies as well as the younger start-ups that have always defined the online industry. According to the JMP report, enduring trends from the Hot 100 include social media as well as monetization of the Internet via e-commerce and online advertising.
For more information on ChannelAdvisor please visit www.channeladvisor.com.
About ChannelAdvisor
ChannelAdvisor helps the world sell more online with applications that enable retailers to efficiently distribute their products across multiple online channels, drive shoppers to those products and then convert those shoppers into customers. The ChannelAdvisor platform empowers retailers to distribute their products across multiple online marketplaces, comparison shopping sites and search engines. With application features such as keyword generation, in-depth reporting, and a merchandising engine, retailers gain the solutions they need to easily fine-tune and analyse their marketing efforts to drive more shoppers to their products. ChannelAdvisor’s rich media offerings and storefront applications enable retailers to provide an engaging online shopping experience that represents their brand and is optimised to convert shoppers into buyers. In 2009, ChannelAdvisor managed $2.6 billion in gross merchandise value (GMV) on behalf of leading retailers around the world including Saks, Dell, Brookstone and GSI Commerce. ChannelAdvisor is headquartered in Research Triangle Park, NC with offices in Atlanta, Seattle, New York, the United Kingdom, Australia, Ireland and Germany. For further information, visit www.channeladvisor.co.uk.
Contact:
Delisa Reavis
ChannelAdvisor
delisa.reavis@channeladvisor.com
919.636.0659
