Evergage Maintains Rapid Growth, Taps into Ecommerce Market
Evergage, the market-leading provider of real-time web personalization, announced today the close of a fantastic first half of 2014 achieving more than 200 percent quarter over quarter (Q/Q) revenue growth for the fourth straight quarter. In addition, the company continued to exceed its sales goals, increase average order value and boost customer lifetime value with upsells and renewals.
Rue La La, Wayfair and Vision Retailing Among Top Online Retailers Deploying Evergage Real-time Web Personalization
BOSTON - July 29, 2014 - Evergage, the market-leading provider of real-time web personalization, announced today the close of a fantastic first half of 2014 achieving more than 200 percent quarter over quarter (Q/Q) revenue growth for the fourth straight quarter. In addition, the company continued to exceed its sales goals, increase average order value and boost customer lifetime value with upsells and renewals.
Evergage also broadened its reach among ecommerce customers, adding top online retailers to its roster this year, including Rue La La, Wayfair and Vision Retailing, as well as LifeSavers, Inc. and Valorebooks.com. These companies are adopting the Evergage platform for data analysis, testing, and personalizing the customer experience with behavior-based web messaging and product promotions to increase engagement and conversions.
"With Evergage, we plan on taking personalization to a new level by making more impactful connections with our already engaged members," commented Catherine Bassett, senior product manager for Rue La La. "The Evergage platform really satisfies our digital marketing team's need to understand our customers and act on it in real time."
Evergage also reported that its clients are employing more and more platform features to better segment visitors and users, and deliver increasingly effective personalized web campaigns. Evergage clients, on average, delivered a 50 percent Q/Q increase in the number of live campaigns, which drove a 3X increase in impressions and a 5X increase in click-through rates.
"We are thrilled to be building on the strong momentum and growth that we achieved in 2013," said Karl Wirth, CEO and co-founder of Evergage. "Quarter to quarter our focus remains on providing real-time personalization capabilities to all marketers, and continually enhancing Evergage's solutions to drive revenue expansion for our clients."
Evergage is also more than tripling its office space in the fast-growing technology neighborhood of Davis Square, Somerville, this month signing a lease for 212 Elm Street. The company has expanded its staff this year with 20 new employees in key roles in engineering, customer success, sales and marketing.
The Evergage platform delivers real-time web personalization to more than 200 million web visitors, optimizing site conversions and customer success for over 120 organizations, including Gardener's Supply Company, Millward Brown Digital, Palms Casino Resort, Publishers Clearing House and Wayfair. Evergage's solutions empower marketers and customer success teams with real-time dynamic content and inline messaging features, behavioral analytics and segmentation, and integrations with other top CRM and SaaS providers. Founded in 2010 as Apptegic, Evergage is a 2014 MITX What's Next Award winner, a NEVY Award finalist and a Red Herring Top 200 North American company. Evergage has offices in Boston, San Diego and Atlanta. For more information, visit http://evergage.com or contact the company at firstname.lastname@example.org or 1-888-310-0589.
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