ChannelAdvisor

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

ChannelAdvisor
TypePublic
NYSE: ECOM
Russell 2000 Component
Industrye-commerce
Founded2001 (2001)
FoundersScot Wingo
Aris Buinevicius
Headquarters
Morrisville, NC
Key people
  • Timothy Buckley (Board Chairman)
  • David Spitz (CEO)
  • Richard Cornetta (CFO)
  • Diana Allen (General Counsel)
  • Beth Segovia (COO)
  • Mike Shapaker (CMO)
Revenue$130 million (2019)[1]
Number of employees
642 (as of December 31, 2019[2])
Websitehttp://www.channeladvisor.com

From 2010 to 2019, the company’s revenue increased from $36.7 million to $130 million. In 2018, ChannelAdvisor customers processed more than $10 billion in gross merchandise value (GMV).[4]

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.[5] Prior to launching ChannelAdvisor, Wingo and Buinevicius co-founded Stingray Software as well as AuctionRover.com, an auction search site. Auctionrover.com was acquired by GoTo.com, becoming GoTo Auctions.[6]

ChannelAdvisor filed for initial public offering on April 11, 2013 and went public on May 23, 2013.[7]

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.[8]

In addition to headquarters in Morrisville, NC, ChannelAdvisor also has offices in Denver, Seattle, London, Paris, Southend On Sea, Ireland, Australia, Spain, and Germany.[9]

Acquisitions

The following is a list of acquisitions by ChannelAdvisor:

  • BlueBoard (July 2020)[10]
  • HubLogix (May 2017)[11]
  • E-Tale (November 2014)[12]
  • RichFX (March 2008)[13]
  • SearchMarketing (July 2005)[14]

References
  1. "ChannelAdvisor Company Profile". Craft. Retrieved September 27, 2019.
  2. "CHANNELADVISOR CORP (ECOM) SPO". Archived from the original on 2020-02-17.
  3. "ChannelAdvisor Corp". MarketWatch. The Wall Street Journal. Archived from the original on June 12, 2014. Retrieved 12 June 2014.
  4. "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.
  5. "ChannelAdvisor Names Paul Forte Chief Revenue Officer". 2017-02-09.
  6. "ChannelAdvisor Corp (ECOM:New York Consolidated)". Bloomberg L.P. Bloomberg L.P. Archived from the original on June 12, 2014. Retrieved 12 June 2014.
  7. Tauli, Tom. "ChannelAdvisor: Riding The E-Commerce Megatrend". Forbes. Forbes. Retrieved 12 June 2014.
  8. [ChannelAdvisor Connect 2019 Announced as a Premier Event for E-Commerce Retailers and Brands "ChannelAdvisor Connect 2019 Announced as a Premier Event for E-Commerce Retailers and Brands"] Check |archiveurl= value (help). ChannelAdvisor. ChannelAdvisor. 16 October 2018. Archived from the original on 16 October 2018. Retrieved 26 December 2018.
  9. Ohnesorge, Lauren. "IPO Talk Swirls Around ChannelAdvisor". Triangle Business Journal. Archived from the original on June 12, 2014. Retrieved 12 June 2014.
  10. "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/"
  11. "TechCrunch" May 30, 2017, "https://www.channeladvisor.com/about/news-events/press-releases/channeladvisor-hublogix-acquisition/"
  12. "retailTouchPoints" November 10, 2014, "http://www.retailtouchpoints.com/features/mergers-and-acquisitions/channeladvisor-acquires-e-tale-integrates-where-to-buy-function"
  13. "SCMagazine" July 16, 2008, "https://www.scmagazine.com/channeladvisor-acquires-richfx/article/112520/"
  14. "AdAge" July 13, 2005, "http://adage.com/article/btob/channeladvisor-acquires-searchmarketing/261094/"
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