Velocify

Last updated
Velocify, Inc.
Industry Software as a service
FoundedLos Angeles, California, 2004
FounderJeff Solomon
Charles Chase
Tony Christopoulos
Headquarters,
United States  OOjs UI icon edit-ltr-progressive.svg
Key people
Nick Hedges, CEO
ProductsLeadManager
Dial-IQ
Pulse
Number of employees
150+
Website Velocify.com

Velocify, Inc. is a cloud computing company, headquartered in El Segundo, California, that provides cloud-based intelligent sales automation software designed for fast-paced sales environments. [1]

Contents

History

Velocify was co-founded in 2004 by Jeff Solomon, Charles Chase, and Tony Christopoulos as a company specializing in software as a service (SaaS). [2] [3] The company raised $3.25M in Series A funding in October 2007 with Rustic Canyon Partners as the initial investor. [4]

In May 2011, Velocify named Nick Hedges President & Chief Executive Officer. [5] In 2011 and 2012, Nick Hedges was named one of the “50 Most Influential in Sales Lead Management” by the Sales Lead Management Association. [6] In February 2012, Velocify completed a $15 million Series B fundraising round led by Volition Capital with participation from existing investor Rustic Canyon Partners. [7] In November 2012, Velocify established a partnership with Marketo. [8] The company announced it changed its name to Velocify from Leads360 on June 19, 2013, to reflect the company's vision for the future. [9] [10] In October 2017, Velocify was acquired, for an undisclosed amount, by Ellie Mae, Inc. the leading cloud-based platform for the mortgage finance industry. [11]

In August 2020, Intercontinental Exchange acquired Ellie Mae. [12] [13]

Awards

Products

Velocify offers two products, a sales automation platform, LeadManager, and an integrated cloud-based dialing platform, Dial-IQ. Dial-IQ was launched in 2013. [21] In August 2014, the company released Velocify for Salesforce, which offers sales automation and dialing within the cloud-based CRM platform. [22] [23] In 2016, Velocify launched LoanEngage, a CRM platform for mortgage marketing and sales. [24]

Related Research Articles

Customer relationship management (CRM) is a process in which a business or other organization administers its interactions with customers, typically using data analysis to study large amounts of information.

Siebel Systems, Inc. was an American software company principally engaged in the design, development, marketing, and support of customer relationship management (CRM) applications—notably Siebel CRM.

SugarCRM is a software company based in Silicon Valley. It produces the on-premises and cloud-based web application Sugar, a customer relationship management (CRM) system.

<span class="mw-page-title-main">Salesforce</span> American software company

Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, e-commerce, analytics, and application development.

InsideView is a software as a service (SaaS) company that gathers insights and relationships to provide analytics on marketing to customers. Founded in 2005, InsideView is mainly used by marketing, sales, and operations teams in identifying and gathering information on customers and prospects. In April 2021, the company was acquired by Demandbase, Inc.

HubSpot, Inc. is an American developer and marketer of software products for inbound marketing, sales, and customer service. HubSpot was founded by Brian Halligan and Dharmesh Shah in 2006.

Keynote Systems was a U.S. based company that specialized in developing and marketing software as a service technology to measure, test, and improve from the end user perspective, the performance of websites, online content, applications, and services across browsers, networks, and mobile devices. Keynote provided independent testing, measurement and monitoring of mobile content, applications, and services on real devices across multiple mobile operator networks.

Marketo, Inc. is an American software company, with its headquarters in San Mateo, California. Marketo develops and sells marketing automation software for account-based marketing and other marketing services and products, including SEO and content creation.

Salesloft is a sales engagement platform. The company was founded in September 2011. Though its original product offering focused on sales development, the company has since expanded its platform to offer functionality for the entire sales organization.

<span class="mw-page-title-main">Act-On</span> American software company

Act-On Software is a software-as-a-service product for marketing automation. The company is headquartered in Portland, Oregon and was founded in 2008, originally retailing its software exclusively through Cisco, which provided $2 million in funding.

Bright Market, LLC, dba FastSpring, is a software as a service (SaaS) company that offers a full service e-commerce platform for companies that sell software and other online digital products.

Demandbase is an account-based marketing (ABM), advertising, sales intelligence and data company. Its products provide business-to-business (B2B) companies sales and marketing support that helps users discover, manage, and measure target audiences. This includes identifying web visitors, targeting and engaging accounts, closing deals, and helping to grow customers. Demandbase One, the company’s suite of cloud products, provides account-based marketing (ABM) and ABX, B2B advertising, sales intelligence, and data capabilities. These products integrate into other advertising, marketing, and sales technologies including marketing automation, customer relationship management, web analytics, content and personalization, and other services.

Marketing automation refers to software platforms and technologies designed for marketing departments and organizations automate repetitive tasks and consolidate multi-channel interactions, tracking and web analytics, lead scoring, campaign management and reporting into one system. It often integrates with customer relationship management (CRM) and customer data platform (CDP) software.

Adobe Experience Cloud (AEC), formerly Adobe Marketing Cloud (AMC), is a collection of integrated online marketing and web analytics products by Adobe.

Alteryx, Inc. is an American computer software company based in Irvine, California, with a development center in Broomfield, Colorado, and offices worldwide. The company's products are used for data science and analytics. The software is designed to make advanced analytics automation accessible to any data worker.

<span class="mw-page-title-main">Insightly</span> American computer technology company

Insightly, Inc. is a private computer technology company headquartered in San Francisco, California.

Microsoft Dynamics 365 is a set of enterprise accounting and sales software products offered by Microsoft. Its flagship product, Dynamics GP, was founded in 1981.

<span class="mw-page-title-main">Nextiva</span> Arizona-based American company

Nextiva is a voice-over-internet-protocol (VoIP) company based in Scottsdale, Arizona. Nextiva focuses on the area of cloud-based communication Nextiva indicates its telephone and other technology services are currently used by 150,000 businesses.

<span class="mw-page-title-main">Conversica</span>

Conversica is a US-based cloud software technology company, headquartered in San Mateo, California, that provides two-way AI-driven conversational software and a suite of Intelligent Virtual Assistants for businesses to engage customers via email, chat and SMS.

<span class="mw-page-title-main">Oracle Advertising and Customer Experience (CX)</span> Cloud-based marketing service

Oracle Advertising and Customer Experience (CX) is a suite of cloud-based applications offered by Oracle Corporation that includes tools for advertising, marketing, sales, e-commerce, customer service.

References

  1. "Velocify: Number 1851 on the 2014 Inc. 5000". Inc.com. Retrieved 15 June 2017.
  2. Asghar, Rob. "How A Star Los Angeles Entrepreneur Coaches The Next Generation". Forbes . Retrieved 15 June 2017.
  3. "Online Customer Acquisition Innovator, Ed Ojdana, Joins Leads360 Board - Velocify: High Performance Sales". velocify.com. Retrieved 2014-02-18.
  4. "Leads360 Raises $3.25M - socaltech.com". www.socaltech.com. Retrieved 15 June 2017.
  5. "Leads360 Names Hedges CEO - socaltech.com". www.socaltech.com. Retrieved 15 June 2017.
  6. "50 Most Influential People in Sales Lead Management in 2012". salesleadmgmtassn.com. Retrieved 2014-02-18.
  7. Perez, Sarah (3 February 2012). "Lead Management Company Leads360 Raises $15 Million - TechCrunch" . Retrieved 15 June 2017.
  8. "Marketo Claims "Most Complete Marketing Ecosystem Available" with LaunchPoint - MarketingVOX". marketingvox.com. Retrieved 2014-02-18.
  9. "Selling Face to Face Is Almost Obsolete". 8 February 2013. Retrieved 15 June 2017.
  10. "Leads360 Rebrands as Velocify - Los Angeles Business Journal". labusinessjournal.com. 19 June 2013. Retrieved 15 June 2017.
  11. "velocify Sells to Ellie Mae". www.bizjournals.com. Retrieved 2018-08-17.
  12. "NYSE-owner ICE to buy Ellie Mae in $11 billion deal". nasdaq.com. Retrieved July 24, 2021.
  13. "With $11B Ellie Mae deal finalized, ICE prepares to unleash a "fully digital mortgage ecosystem"". housingwire.com. Retrieved July 24, 2021.
  14. "Velocify". Inc.com. Retrieved 2022-08-22.
  15. "Deloitte Technology Fast 500 2011" (PDF). Retrieved 15 June 2017.
  16. "Deloitte Technology Fast 500 2012" (PDF). Retrieved 15 June 2017.
  17. "Deloitte Technology Fast 500 2013" (PDF). Retrieved 15 June 2017.
  18. Administrator. "2013 "Best Places to Work in Los Angeles" - Best Places to Work in Los Angeles". www.bestplacestoworkla.com. Retrieved 15 June 2017.
  19. "Yahoo! Finance" . Retrieved 15 June 2017.
  20. Stevie Award (as Leads360, Inc.)
  21. "Top 10 Auto Dialer Software Tools for Call Centers in 2021". founderjar.com. Retrieved July 24, 2021.
  22. "Leads360 Adds Performance-Based Distribution And Lead Scoring". demandgenreport.com. Retrieved 2014-02-18.
  23. "Leads360 Upgrades Intelligent Dialer - CRM Magazine". destinationcrm.com. Retrieved 2014-02-18.
  24. "Velocify LoanEngage Announces New Sales and Marketing Solution". nationalmortgageprofessional.com. Retrieved July 24, 2021.