ChannelAdvisor

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ChannelAdvisor
TypePublic
NYSE: ECOM
Russell 2000 Component
Industrye-commerce
Founded2001; 21 years ago (2001)
FoundersScot Wingo
Aris Buinevicius
Headquarters
Morrisville, NC
Key people
  • Timothy Buckley (Board Chairman)
  • David Spitz (CEO)
  • Richard Cornetta (CFO)
  • Paul Colucci (CRO)
  • Kathy Twiddy (General Counsel)
  • Beth Segovia (COO)
  • Mike Shapaker (CMO)
Revenue$145.1 million (2020)[1]
Number of employees
725 (as of December 31, 2020[2])
Websitehttp://www.channeladvisor.com

ChannelAdvisor Corp. is an e-commerce company based in Morrisville, North Carolina.[3] The company provides cloud-based e-commerce software.

From 2010 to 2020, the company’s revenue increased from $36.7 million to $145.1 million.[4] In 2018, ChannelAdvisor customers processed more than $10 billion in gross merchandise value (GMV).[5]

ChannelAdvisor is traded on the New York Stock Exchange under the symbol ECOM.[3]

History and operations[]

ChannelAdvisor was founded in 2001 by Scot Wingo and Aris Buinevicius. Today, Wingo is a member of the Board of Directors at ChannelAdvisor, and after serving as Chief Technology Officer. Buinevicius retired from the company on March 17, 2017.[6] Prior to launching ChannelAdvisor, Wingo and Buinevicius co-founded Stingray Software as well as , an auction search site. Auctionrover.com was acquired by GoTo.com, becoming GoTo Auctions.[7]

ChannelAdvisor filed for initial public offering on April 11, 2013 and went public on May 23, 2013.[8]

From 2007 to 2017, ChannelAdvisor hosted an annual e-commerce industry conference called Catalyst, in both the U.S. and Europe. The company launched a new annual event called Connect in 2019.[9]

In addition to headquarters in Morrisville, NC, ChannelAdvisor also has offices in Denver, London, Paris, Southend On Sea, Ireland, Australia, Spain, and Germany.[10]

Acquisitions[]

The following is a list of acquisitions by ChannelAdvisor:

  • BlueBoard (July 2020)[11]
  • HubLogix (May 2017)[12]
  • E-Tale (November 2014)[13]
  • RichFX (March 2008)[14]
  • SearchMarketing (July 2005)[15]

References[]

  1. ^ "ChannelAdvisor Reports Record Fourth Quarter and Full Year 2020 Results; Revenue and Adjusted EBITDA Significantly Exceed Guidance".
  2. ^ "CHANNELADVISOR CORP (ECOM) SPO".
  3. ^ a b "ChannelAdvisor Corp". MarketWatch. The Wall Street Journal. Archived from the original on June 12, 2014. Retrieved 12 June 2014.
  4. ^ "ChannelAdvisor Reports Record Fourth Quarter and Full Year 2020 Results; Revenue and Adjusted EBITDA Significantly Exceed Guidance". ChannelAdvisor. Retrieved 2021-02-15.
  5. ^ "ChannelAdvisor Reports Fourth Quarter and Full Year 2019 Results; Revenue Achieves High End of Guidance and Record Adjusted EBITDA Significantly Exceeds Guidance". ChannelAdvisor. 13 February 2018. Archived from the original on 27 December 2018. Retrieved 26 December 2018.
  6. ^ "ChannelAdvisor Names Paul Forte Chief Revenue Officer". 2017-02-09.
  7. ^ "ChannelAdvisor Corp (ECOM:New York Consolidated)". Bloomberg L.P. Bloomberg L.P. Archived from the original on June 12, 2014. Retrieved 12 June 2014.
  8. ^ Tauli, Tom. "ChannelAdvisor: Riding The E-Commerce Megatrend". Forbes. Retrieved 12 June 2014.
  9. ^ "ChannelAdvisor Connect 2019 Announced as a Premier Event for E-Commerce Retailers and Brands". ChannelAdvisor. ChannelAdvisor. 16 October 2018. Retrieved 26 December 2018.{{cite web}}: CS1 maint: url-status (link)
  10. ^ Ohnesorge, Lauren. "IPO Talk Swirls Around ChannelAdvisor". Triangle Business Journal. Archived from the original on June 12, 2014. Retrieved 12 June 2014.
  11. ^ "ChannelAdvisor" July 24, 2020, "https://www.channeladvisor.com/about/news-events/press-releases/channeladvisor-acquires-analytics-firm-blueboard-to-enhance-e-commerce-intelligence-for-global-brands/"
  12. ^ "TechCrunch" May 30, 2017, "https://www.channeladvisor.com/about/news-events/press-releases/channeladvisor-hublogix-acquisition/"
  13. ^ "retailTouchPoints" November 10, 2014, "http://www.retailtouchpoints.com/features/mergers-and-acquisitions/channeladvisor-acquires-e-tale-integrates-where-to-buy-function"
  14. ^ "SCMagazine" July 16, 2008, "https://www.scmagazine.com/channeladvisor-acquires-richfx/article/112520/"
  15. ^ "AdAge" July 13, 2005, "http://adage.com/article/btob/channeladvisor-acquires-searchmarketing/261094/"

External links[]

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