Private investment firm Comvest Partners acquires the financially troubled e-retailer, which filed for Chapter 11 bankruptcy protection in March.
The opening of this first international office marks an important step in Bronto’s continued growth in Europe.
London and Durham, North Carolina - March 12, 2012 - Bronto Software, the leading marketing platform for retailers and other commerce-focused companies, announced today it has opened an office in London. The opening of this first international office marks an important step in Bronto’s continued growth in Europe.
According to IMRG (Interactive Media in Retail Group), the UK is Europe’s leading e-retail economy, with sales growing at 16% annually, estimated to have reached £68.2bn in 2011.
“E-commerce is growing at an incredible pace in Europe, demonstrating clear and growing international demand for commerce-focused solutions like Bronto,” said Bronto CEO Joe Colopy. "The new office in London provides a central location for us to sell to and service European retailers.”
The expansion comes on the heels of a record-breaking year for Bronto. In 2011, the company reported a 54% increase in revenue and 40% growth in number of employees. Bronto Software’s headquarters, located in Durham, North Carolina, is home to 124 employees. In 2012, Bronto is projected to grow their team by 30-40 employees.
The London office will enable Bronto to better serve European clients and to continue to expand the company’s roster of international clientele. The location also serves to strengthen valuable partner relationships in Europe.
About Bronto Software
Bronto Software provides the leading marketing platform for retailers and other commerce-focused companies to drive revenue through email, mobile and social campaigns. Over 1000 organizations worldwide including Party City, Armani Exchange, Timex, Samsonite, Trek Bikes and CD WOW! rely on Bronto to increase revenue through interactive marketing. The company won the Stevie Award for Best Customer Service in 2009 and in 2010 and was named a CODiE Award Finalist for Best Marketing Solution in 2011. For more information, visit bronto.com.