KUALA LUMPUR, June 16 (Bernama) -- Uberall, a global leader in ‘Near Me’ Marketing SaaS solutions announced it has received a capital investment of US$115 million led by Bregal Milestone, Level Equity, United Internet and Uberall management. (US$1 = RM4.118)
According to a statement, it will be deployed to accelerate growth in the US and Canada.
As part of its growth strategy Uberall is simultaneously announcing it has signed a definitive agreement to acquire MomentFeed, the leading provider of Proximity Search Optimization in North America.
Together, Uberall and MomentFeed create a new, more powerful ‘Near Me’ Customer Experience platform with unsurpassed capabilities and global reach.
The combined company will manage the online presence of 1.35 million business locations, more than any other current competitor.
Uberall and MomentFeed are long-time business partners with a similar vision and complementary product suite.
The combined platform will bring together Uberall’s market-leading listings and reputation management products, as well as first-to-market features like Google local ads, and combine them with MomentFeed’s best-in-class local social capabilities, customer sentiment analysis and enterprise-grade service offering.
MomentFeed CEO Nick Hedges will join Uberall’s executive leadership team as Chief Strategy Officer and Executive Vice President North America, leading Uberall’s North American business unit which will have a significant sales, service and engineering footprint in California.
More details at www.uberall.com.
-- BERNAMA
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