Silverpop
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Silverpop was an Atlanta-based software company focused on digital marketing. It was acquired by IBM in 2014.[1][2][3][4]
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Overview
Silverpop Systems was an email-marketing company cofounded as Avienda Technologies by Aaron Shapiro and David Bloom in 1999.[5][1] Between 1999 and 2000, the company raised $35 million in funding from Draper Fisher Jurvetson and Gray Ventures and named Bill Nussey as CEO.[5] In April 2013, the company raised another $25 million from Escalate Capital Partners and Silicon Valley Bank.[3][6]
In March 2014, IBM confirmed that it would be acquiring SilverPop in a deal worth $275 million.[7][4][8] [9]
Platform
Silverpop's cloud-based platform is said to provide marketers with the insights with respect to their customers and provides them with an automated system to send tailored messages to them.[7]
References
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