ChannelAdvisor Selected to Join Microsoft Startup Accelerator Program
Global Program Helps Accelerate the Success of Innovative Startups Committed to Microsoft's Platform Technologies
RESEARCH TRIANGLE PARK, N.C., Jan. 22 - ChannelAdvisor, the leading provider of e-commerce channel management solutions, today announced that it has been selected to join the Microsoft Startup Accelerator Program. Stewarded by the Emerging Business Team (EBT) at Microsoft Corp., the program is designed to connect high-potential startups committed to the Microsoft platform to an extensive support network that provides access to Microsoft people and programs, guidance on future directions, and support to accelerate their success.
"ChannelAdvisor is thrilled to be selected for the Microsoft Startup Accelerator Program," says Scot Wingo, Chief Executive Officer. "Building our software-as-a-service (SaaS) platform on the Microsoft solution set has been a big part of our ability to innovate rapidly while handling the $2B in annual e-commerce channel sales scale that flows through our software today."
Microsoft is committed to serving as a valuable technology and business partner for emerging startups and their investors. Companies are selected to join the program based on their innovation, marketability, growth potential, funding, platform decision and strategic importance to Microsoft. These companies receive customized engagement plans designed to support their software development and increase market visibility. The program is now open to interested startups, which can apply via a profiling process outlined at the Microsoft Startup Zone at http://www.microsoftstartupzone.com/.
"ChannelAdvisor Complete provides a valuable solution," says Beti Cung, Portfolio Manager, Emerging Business Team, Microsoft Corp. "Microsoft is pleased to be working with ChannelAdvisor to offer retailers an online multi- channel strategy across e-commerce marketplaces, comparison shopping engines and search engines."
The Microsoft EBT evaluates hundreds of technology startups each year to identify those with the strongest potential to succeed in the market, shape the industry's future, and enhance the overall value of Microsoft products and services for customers. The Microsoft Startup Accelerator Program shines the spotlight on some of the most promising startups and provides good examples of how startups can work successfully with Microsoft.
About ChannelAdvisor Corporation
ChannelAdvisor Corporation provides technology and services that enable leading online retailers to maximize their products across multiple e-commerce marketplaces such as eBay, Amazon.com and Overstock.com, comparison shopping engines such as Shopping.com, Shopzilla, Nextag and Google Product Search and search engines such as Google, Yahoo! and MSN. In 2006, ChannelAdvisor managed over $1.6 billion in gross merchandise value (GMV) on behalf of its customers. ChannelAdvisor solutions combine best practices, on-demand software and integration technology to help retailers sell more products, faster, by automating labor-intensive, manual functions so they spend less time optimizing campaigns and more time solving marketing and business issues. ChannelAdvisor's customers include GSI Commerce, Sears, Brookstone, Abebooks and Motorola. ChannelAdvisor Corporation is headquartered in Research Triangle Park, NC with offices in Atlanta, Seattle, the United Kingdom, Australia and Germany. For more information, visit www.channeladvisor.com/.
Source: ChannelAdvisor Corporation
CONTACT: Ashley Jones of ChannelAdvisor Corporation, +1-919-349-4177, ashley.jones@channeladvisor.com
Web site: www.channeladvisor.com/ http://www.microsoftstartupzone.com/
