Optimizely

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Optimizely, Inc.
Company type
Private
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Headquarters
United States
Area served
Worldwide
Key people
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  • Alex Atzberger
  • (CEO)
  • Shafqat Islam
  • (CMO)
  • Myles Johnson
  • (CFO)
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Number of employees
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ParentEpiserver
Websitewww.optimizely.com

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Optimizely is an American company that provides digital experience platform software as a service.[4] Optimizely provides A/B testing and multivariate testing tools, website personalization, and feature toggle capabilities, as well as web content management and digital commerce.[5]

The company was acquired by Episerver in October 2020[citation needed] and in January of 2021 Episerver announced that they were branding the combined company as "Optimizely".[6]

History

Optimizely was founded in 2010 by Dan Siroker and Pete Koomen, both formerly of Google.[1][2][3] Optimizely completed the Y Combinator seed accelerator program in the winter of 2010.[7] In November 2010, Optimizely closed a US$1.2 million funding round from angel investors.[8] The company became cash flow positive in 2011.[9] In May 2012 Optimizely announced that it had raised new funding from Battery Ventures, GV, and InterWest Partners.[10]

In April 2013, Optimizely raised $28 million in Series A round funding. The round was led by Benchmark, with participation from Bain Capital Ventures and Optimizely's existing investors Battery Ventures, InterWest Partners, and Google Ventures. Benchmark's Peter Fenton joined Optimizely's board of directors.[11] In April 2013 Optimizely launched support for nine European languages.[12]

On April 17, 2014, Optimizely held its first Opticon user conference, where it announced the launch of its new mobile app A/B testing software.[13] In May 2014, Optimizely raised $57 million in Series B funding. The round was led by Andreessen Horowitz with participation from Benchmark and Bain Capital Ventures. As part of the round, Scott Weiss general partner at Andreessen Horowitz joined Optimizely's board of directors.[14]

In October 2015, the company released its second product for mobile and website personalization.[15][16][17] The same month, Optimizely raised $58 million in Series C funding, led by Index Ventures, with participation from firms such as Andreessen Horowitz, Bain Capital Ventures, Battery Ventures, Benchmark Capital, Citi Ventures, Danhua Capital, Salesforce Ventures and Tenaya Capital. As part of the round, Ilya Fushman of Index joined Optimizely's board of directors.[18][19][20]

On March 10, 2016, Optimizely laid off 40 employees, 10% of the workforce.[21][22] In September 2016, the company released Optimizely X, with expanded solutions for web experimentation, personalization, recommendations, mobile, full stack, and OTT.[23]

In July 2017, Jay Larson replaced Dan Siroker as the company's CEO.[24] Pete Koomen was the company's CTO in 2012.[25][26][27][28] Co-founder Dan Joseph Siroker became the company's Executive Chairman in July 2017.[24][1][29][30][31]

In July 2020, the company laid off 15% of its staff due to the impact of the COVID-19 pandemic.[32] On September 3, 2020, Episerver announced that they were acquiring Optimizely, and the acquisition was completed on October, 21st 2020.[33][34]

On January 27, 2021, Episerver announced that they were rebranding the combined company as Optimizely.[6] On March 22, 2021, Optimizely acquired Zaius, a Customer Data Platform.[35] On December 6, 2021, Optimizely acquired Welcome, a marketing orchestration platform.[36] On September 30th, 2024, Optimizely acquired NetSpring, a Native-Warehouse Analytics tool.[1]

Software

Optimizely offers experimentation products (Web Experimentation and Feature Experimentation), CMS (both SaaS and PaaS), a Content Marketing Platform, a Customer Data Platform and an Email Campaign Tool.

References

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  1. ^ a b c d e Page Module:Citation/CS1/styles.css has no content.Segall, Laurie (23 April 2012). "Optimizely aims to give Obama 2012 a data edge". CNN. Archived from the original on April 27, 2012. Retrieved 7 February 2014.
  2. ^ a b c d Page Module:Citation/CS1/styles.css has no content."YC-Funded Optimizely Makes It Remarkably Easy To Run A/B Tests On Your Website". TechCrunch. July 15, 2010. Retrieved August 29, 2013.
  3. ^ a b c d Page Module:Citation/CS1/styles.css has no content."Celebrities (but not Ashton Kutcher) share their top cloud & infrastructure picks at Y". VentureBeat. 2013. Retrieved August 29, 2013.
  4. ^ Page Module:Citation/CS1/styles.css has no content.Rodriguez, Michael (22 March 2021). "Optimizely Acquires Zaius To Improve Digital Experience Creation". Demand Gen Report. Retrieved 7 April 2021.
  5. ^ Page Module:Citation/CS1/styles.css has no content."Optimizely raises $50 million to expand its A/B testing and experimentation platform". VentureBeat. 2019-06-18. Retrieved 2020-07-27.
  6. ^ a b Page Module:Citation/CS1/styles.css has no content.Ha, Anthony (January 27, 2021). "Following acquisition, Episerver rebrands as Optimizely". Techcrunch. Retrieved February 6, 2021.
  7. ^ Page Module:Citation/CS1/styles.css has no content."Yclist.com". 2013. Retrieved August 29, 2013.
  8. ^ Page Module:Citation/CS1/styles.css has no content."Optimizely A/B Tests Its Way To $1.2 Million In Funding From A Roster Of Top Angels". TechCrunch. November 16, 2010. Retrieved August 29, 2013.
  9. ^ Page Module:Citation/CS1/styles.css has no content."Optimizely Raises $28 Million to go Global". Optimizely. 2021-06-24. Retrieved 2022-05-31.
  10. ^ Page Module:Citation/CS1/styles.css has no content."A/B Tester Optimizely Raises Funding From Battery And Google Ventures, Plans Mobile Launch". TechCrunch. May 30, 2012. Retrieved August 29, 2013.
  11. ^ Page Module:Citation/CS1/styles.css has no content."Website Testing Service Optimizely Raises $28M Round Led By Benchmark, Plans Global Expansion". TechCrunch. April 10, 2013. Retrieved August 29, 2013.
  12. ^ Page Module:Citation/CS1/styles.css has no content."Optimizely's Web Optimization Platform Now Available in Ten Languages". PR Newswire. April 25, 2013. Retrieved August 29, 2013.
  13. ^ Page Module:Citation/CS1/styles.css has no content."Optimizely Brings Its A/B Testing Platform To iOS Apps". TechCrunch. April 17, 2014. Retrieved April 13, 2015.
  14. ^ Page Module:Citation/CS1/styles.css has no content."Website Testing Company Optimizely Raises $57M Round Led By Andreessen Horowitz". TechCrunch. May 5, 2014. Retrieved May 17, 2014.
  15. ^ Page Module:Citation/CS1/styles.css has no content.Kepes, Ben (July 17, 2015). "Optimizely Moves From Simple A/B Testing To Complex Personalization". Forbes. Retrieved October 7, 2015.
  16. ^ Page Module:Citation/CS1/styles.css has no content.Ha, Anthony (July 17, 2015). "Optimizely Moves Beyond Web And Mobile Testing With New Personalization Tools". TechCrunch. Retrieved October 7, 2015.
  17. ^ Page Module:Citation/CS1/styles.css has no content.Jones, Andrew (July 17, 2015). "Optimizely introduces new personalization capabilities for web and mobile". VentureBeat. Retrieved October 7, 2015.
  18. ^ Page Module:Citation/CS1/styles.css has no content."Testing Company Optimizely Raises $58M As It Moves Into Personalization". TechCrunch. October 13, 2015. Retrieved October 13, 2015.
  19. ^ Page Module:Citation/CS1/styles.css has no content."Optimizely raises $58 million in latest funding". Reuters. October 13, 2015. Retrieved October 13, 2015.
  20. ^ Page Module:Citation/CS1/styles.css has no content."San Francisco startup founded by former Googlers grabs $58 million in funding". San Francisco Business Times. October 13, 2015. Retrieved October 13, 2015.
  21. ^ Page Module:Citation/CS1/styles.css has no content."Controlling Our Own Destiny By Dan Siroker". March 10, 2016. Retrieved March 10, 2016.
  22. ^ Page Module:Citation/CS1/styles.css has no content."Optimizely Is The Latest Big Startup To Announce Layoffs, And Likely Not The Last". Forbes. March 10, 2016.
  23. ^ Page Module:Citation/CS1/styles.css has no content."Optimizely: Meet Optimizely X". www.optimizely.com. Retrieved 2016-10-26.
  24. ^ a b Page Module:Citation/CS1/styles.css has no content.Ha, Anthony (11 July 2017). "Optimizely hires Jay Larson as its new CEO". TechCrunch. Retrieved 23 October 2017.
  25. ^ Page Module:Citation/CS1/styles.css has no content.Christian, Brian. "The A/B Test: Inside The Technology That's Changing The Rules Of Business". Wired. Vol. 20, no. 5. Retrieved 17 March 2015.
  26. ^ Page Module:Citation/CS1/styles.css has no content.Milian, Mark (20 September 2012). "Pete Koomen: The Quest for More Clicks". Bloomberg.com. BusinessWeek. Retrieved 17 March 2015.
  27. ^ Page Module:Citation/CS1/styles.css has no content.Swift, Mike (9 March 2011). "Ex-Googlers penetrating Silicon Valley startup hierarchy". San Jose Mercury News. Retrieved 17 March 2015.
  28. ^ Page Module:Citation/CS1/styles.css has no content.Chapman, Lizette (3 March 2015). "Man Crates Packages $3.1 Million Seed Round for Unusual Gifts for Men". Wall Street Journal. Retrieved 17 March 2015.
  29. ^ Page Module:Citation/CS1/styles.css has no content.Klein, Ezra. "Obama's second term is upending what we think we know about Washington". The Washington Post. Retrieved 17 March 2015.
  30. ^ Page Module:Citation/CS1/styles.css has no content.Barret, Victoria. "30 Under 30: Technology". Forbes. Archived from the original on December 31, 2012. Retrieved 17 March 2015.
  31. ^ Page Module:Citation/CS1/styles.css has no content.Taylor, Colleen (3 September 2013). "Optimizely Co-Founder Pete Koomen On Using The Art Of A/B Testing". TechCrunch. Retrieved 2 April 2015.
  32. ^ Page Module:Citation/CS1/styles.css has no content.Mascarenhas, Natasha (2020-07-15). "Benchmark-backed Optimizely confirms it has laid off 15% of staff". TechCrunch.
  33. ^ Page Module:Citation/CS1/styles.css has no content."Episerver to Acquire Optimizely for Digital Experiences". Cheddar. September 8, 2020. Retrieved October 21, 2020.
  34. ^ Page Module:Citation/CS1/styles.css has no content."Episerver to Acquire Optimizely for Digital Experiences". TechCrunch. September 3, 2020. Retrieved October 21, 2020.
  35. ^ Page Module:Citation/CS1/styles.css has no content.Vizard, Michael (22 March 2021). "Optimizely adds real-time customer data tracking with Zaius acquisition". VentureBeat. Retrieved 22 March 2021.
  36. ^ Page Module:Citation/CS1/styles.css has no content.Schwartz, Ben (6 December 2021). "DXP Optimizely Acquires Welcome to Improve Global Customer Experiences". CMSWire. Retrieved 6 December 2021.
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