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Company type | Subsidiary |
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Industry | e-commerce |
Founded | 2001 |
Founders | Scot Wingo Aris Buinevicius |
Headquarters | |
Key people |
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Revenue | $145.1 million (2020) [1] |
Owner |
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Number of employees |
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Website | http://www.channeladvisor.com |
ChannelAdvisor Corp. is an e-commerce company based in Morrisville, North Carolina, which provides cloud-based e-commerce software. Until 2022, it was traded on the New York Stock Exchange under the symbol ECOM. [3]
On November 15, 2022, the company was acquired by CommerceHub. [4]
Scot Wingo and Aris Buinevicius founded the company in 2001. 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]
From 2010 to 2020, the company’s revenue increased from $36.7 million to $145.1 million. [9] In 2018, ChannelAdvisor customers processed more than $10 billion in gross merchandise value (GMV). [10]
In addition to headquarters in Morrisville, NC, ChannelAdvisor also has offices in Denver, London, Paris, Southend-on-Sea, Ireland, Australia, Spain, and Germany. [11]
The following is a list of acquisitions by ChannelAdvisor: