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Upland Software Acquires BlueVenn

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Austin TX, USA, March, 2021 -- Upland Software, Inc. (Nasdaq: UPLD) announced that it has acquired BlueVenn, a cloud-based customer data platform (CDP). With BlueVenn, Upland customers can now securely unify their consumer data, unlocking the insights needed to create omnichannel digital engagement strategies to drive their business forward, all from a single vendor.

"BlueVenn is a highly strategic acquisition and a big step forward for Upland in the Customer Experience (CX) category," said Jack McDonald, chairman and CEO of Upland. "Centralizing customer data has been a persistent challenge for enterprises since today's digital consumer uses text, email, mobile applications, and websites to interact with the brands, products, and services they love. BlueVenn will sit at the center of our Customer Experience Management (CXM) offering and deliver a single view of the customer that will drive better engagement across every digital channel."

"As our dealership network grew, each one respectively managing their consumer information, we began noticing discrepancies in our data. Consumers either moved or were interested in different vehicle types, and we had no way to track and verify that information, which meant we were losing critical moments to engage," said Andrew Edmiston, managing director of Subaru UK. "With BlueVenn, we were able to unify our consumer database across our dealerships and then segment that information to create a stronger national marketing engagement strategy, which tripled our test drives and ultimately doubled our sales."

"Over the last seven years, BlueVenn and Upland have built a very successful partnership, integrating our technologies to provide incredible value to our mutual customers. By now joining Upland, we are helping marketers around the globe elevate their customer engagement capabilities," said Steve Klin, CEO of BlueVenn. "I’m proud of what the BlueVenn team has built and look forward to the next evolution of this market at Upland."

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Posted by Veronica Silva Cusi, news correspondent
Source: https://www.businesswire.com

Date Posted: Friday, March 5, 2021



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