{"id":37286,"date":"2021-06-16T05:08:28","date_gmt":"2021-06-16T05:08:28","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=75088"},"modified":"2021-06-16T05:08:28","modified_gmt":"2021-06-16T05:08:28","slug":"uberall-raises-115m-signs-agreement-to-acquire-momentfeed","status":"publish","type":"post","link":"https:\/\/southafricatribune.com\/uberall-raises-115m-signs-agreement-to-acquire-momentfeed\/","title":{"rendered":"Uberall raises $115M, Signs Agreement to Acquire MomentFeed"},"content":{"rendered":"

Combination Creates New Global Leader for \u2018Near Me\u2019 Customer Experience Solutions.<\/h4>\n

LOS ANGELES and BERLIN, June 15, 2021 (GLOBE NEWSWIRE) — Uberall<\/u><\/a>, a global leader in \u2018Near Me\u2019 Marketing SaaS solutions announced today it received a capital investment of $115 million led by Bregal Milestone, Level Equity, United Internet and Uberall management, which will be deployed to accelerate growth in the U.S. and Canada.<\/p>\n

As part of its growth strategy Uberall is simultaneously announcing it has signed a definitive agreement to acquire MomentFeed<\/u><\/a>, the leading provider of Proximity Search Optimization in North America. Together Uberall and MomentFeed<\/u><\/a> create a new, more powerful \u2018Near Me\u2019 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. MomentFeed and Uberall count many of the world’s largest and most recognizable multi-location brands as their customers, including BP, KFC, Marks and Spencer, McDonald\u2019s and Pizza Hut.<\/p>\n

\u201cAs consumers re-emerge from a year or more of lockdowns, businesses are rebounding, and they must be able to match growing consumer demands to receive the in-store experiences and services they expect,\u201d said Florian H\u00fcbner, co-founder and CEO of Uberall. \u201cThe combination of Uberall and MomentFeed helps us become the clear category leader with more innovative products, a world-class team, and the financial resources to fully deliver on the opportunity.\u201d<\/p>\n

Uberall and MomentFeed are long-time business partners with a similar vision and complementary product suite. The combined platform will bring together Uberall\u2019s market-leading listings and reputation management products, as well as first-to-market features like Google local ads, and combine them with MomentFeed\u2019s best-in-class local social capabilities, customer sentiment analysis and enterprise-grade service offering.<\/p>\n

\u201cAs we saw the market trending towards consolidation, we considered several potential companies to merge with. Uberall was by far our most preferred,\u201d said MomentFeed CEO Nick Hedges. \u201cThis combination makes enormous strategic sense for our customers, who represent the who\u2019s-who of leading U.S. omni channel brands. It helps accelerate our already rapid pace of innovation, giving customers an even greater edge in the hyper-competitive world of \u2019Near Me\u2019 Marketing.\u201d<\/p>\n

MomentFeed CEO Nick Hedges will join Uberall\u2019s executive leadership team as Chief Strategy Officer and Executive Vice President North America, leading Uberall\u2019s North American business unit which will have a significant sales, service and engineering footprint in California.<\/p>\n

\u201cWe are thrilled to partner with the Uberall team for this next phase of growth. Our strategic investment will significantly accelerate Uberall\u2019s ambition to become the leading \u2018Near Me\u2019 Customer Experience platform worldwide. Uberall\u2019s differentiated full-suite solution is unsurpassed by competition in terms of integration and functionality, providing customers with a real edge to reach, interact with, and convert online customers. We look forward to supporting Florian, Nick and their talented team to deliver on their exciting innovation and expansion roadmap.\u201d said Cyrus Shey, Managing Partner of Bregal Milestone.<\/p>\n

About Uberall <\/strong><\/p>\n

Uberall<\/strong><\/a> empowers the world\u2019s biggest brands to deliver a memorable \u2018Near Me\u2019 Customer Experience \u2014 from online interactions to offline sales.<\/p>\n

As today’s consumers expect an omnichannel experience, they do not distinguish between online and offline anymore. Thus, the \u2018Near Me\u2019 customer journey consists of all the touchpoints that a consumer has with the local outlets of a brand: from finding, persuading, buying and recommending, to returning as a regular customer. Uberall\u2019s platform enables businesses to bridge the gap between these touchpoints and facilitates a seamless customer experience that evokes positive emotions and customer satisfaction.<\/p>\n

Uberall, founded in 2013 and headquartered in Berlin, Germany, has offices in 6 countries with close to 300 employees. Uberall currently services over 1,600 multi-location customers across 170 countries.<\/p>\n

For further information visit www.uberall.com<\/u><\/a> | <\/strong>LinkedIn<\/u><\/strong><\/a> | <\/strong>YouTube<\/u><\/strong><\/a> |<\/strong> Facebook<\/u><\/strong><\/a> | <\/strong>Twitter<\/u><\/strong><\/a><\/p>\n

About MomentFeed<\/strong><\/p>\n

MomentFeed<\/strong><\/a> is the leading Proximity Search Optimization platform trusted by many of the largest multi-location brands in the restaurant, retail, automotive, hospitality, and financial services industries. Proximity Search Optimization is gaining significant interest from CMOs of multi-location, national brands and franchises as a way to show up locally, at the precise moment a customer has a need. MomentFeed makes it possible for national brands to execute hyperlocal marketing campaigns at scale \u2013 driving local awareness, in-store traffic, and more calls for appointments and orders.<\/p>\n

Founded in 2010, MomentFeed is headquartered in Santa Monica, California. An Inc 5000 Fastest Growing Privately Held Company, it was also named a Comparably Best Company.<\/p>\n

For more information visit www.momentfeed.com<\/strong><\/a> | <\/strong>Twitter<\/strong><\/a> |<\/strong> LinkedIn<\/strong><\/a> | <\/strong>Facebook<\/strong><\/a><\/p>\n

Contact:
\nAdam Brett
\n516.320.0164
\nadam@crenshawcomm.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Combination Creates New Global Leader for \u2018Near Me\u2019 Customer Experience Solutions. LOS ANGELES and BERLIN, June 15, 2021 (GLOBE NEWSWIRE) \u2014 Uberall, a global leader in \u2018Near Me\u2019 Marketing SaaS solutions announced today it received a capital investment of $115 million led by Bregal Milestone, Level Equity, United Internet and Uberall management, which will be [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[],"yoast_head":"\nUberall raises $115M, Signs Agreement to Acquire MomentFeed - South Africa Tribune<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southafricatribune.com\/uberall-raises-115m-signs-agreement-to-acquire-momentfeed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uberall raises $115M, Signs Agreement to Acquire MomentFeed - South Africa Tribune\" \/>\n<meta property=\"og:description\" content=\"Combination Creates New Global Leader for \u2018Near Me\u2019 Customer Experience Solutions. 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