Add links
Act-On
Developer(s)Act-On
Initial release2008; 16 years ago (2008)
Operating systemSoftware as a service
TypeMarketing automation
LicenseSubscription
Websiteact-on.com

Act-On Software is a software-as-a-service product for marketing automation. The company is headquartered in Portland, Oregon and was founded in 2008, originally retailing its software exclusively through Cisco, which provided $2 million in funding.

History

Act-On was founded in 2008 by Raghu Raghavan, formerly a founder of Responsys, after he saw "potential for a sophisticated, but affordable SaaS marketing tool mid-market companies could easily use."[1] Act-On initially sold through alternate channels, but later created its own sales team.[2] Entering the market after several competitors had been established, Act-On had a second-mover advantage, learning from the successes and failures of earlier market entrants.[1]

In 2011, Act-On raised a third round for $10 million in June 2011 and established a new location in Silicon Valley.[3] An additional $16 million in funding was raised the following year.[4]

By 2013, the company had 140 employees,[5][6] up from 11 in 2010 and 35 in 2011.[7][8][relevant? ]

In April 2014, $42 million in additional funding was raised, which was the largest funding round in the Oregon technology market since the dot com bubble.[9][10] Act-On now employs about 200 people across the US and UK, serving more than 4,000 customers worldwide.[2][11] In 2015, Act-On expanded its executive team with a new CFO, formerly of the company Jive, a VP of demand generation, previously with ExactTarget, and a VP of cloud operations.[12][13]

In 2015, Act-On announced the appointment of Andy MacMillan to the position of CEO.[14] The former CEO and company founder Raghu Raghavan assumed the role of CTO. Prior to joining Act-On Software, Andy held several senior leadership positions at Salesforce, including Chief Operating Officer of the Products Division and Senior Vice President & General Manager of Data.com, where he helped to significantly grow customer adoption of products and services.

In early 2016, it expanded again into larger offices in Portland.[15]

In 2018, Act-On announced its board of directors had appointed Kate Johnson as the company's new CEO to replace Andy MacMillan.[16] The company consolidated its operations to Portland, OR at this time. Ms. Johnson had served as Act-On's CFO for the prior 3 years and was endorsed by Diane Fraiman, Voyager Capital Partner and Act-On board member and investor in the formal press release.[17]

In 2019 Act-On raised a second round of funding for $4 million.[18][19]

In June 2020, Act-On Software rebranded itself to fit the modern marketing tool needs, prioritizing engagement, updates on services, and product inventory.[20]

Features

The "Quick Start" guide in Act-On's online user interface.

Act-On is a subscription-based software-as-a-service (SaaS) product for marketing automation. Its software products are for email marketing, landing pages, social media prospecting, CRM integration, lead management, webinar management, and analytics.[21][22][23]

Act-On has a Twitter prospector tool introduced in 2010 that automates the publishing and monitoring of content on Twitter, tracking prospective customers and measuring their activity.[24] An Act-On Insight tool, released in June 2012, compares a company's social media marketing performance to competitors.[25][26] Its Hot Prospects tool, introduced at the 2011 Dreamforce conference, creates a dashboard in Salesforce.com that scores the likelihood a prospect is ready to make a purchasing decision.[27] A set of software tools for search engine optimization, pay-per-click advertising and other inbound tactics was introduced in May 2013 under the name Act-On Inbound. Act-On also introduced a mobile app and mobile optimization features.[28][29][30] In July 2014, Act-On announced a set of product updates intended to improve data visualization and customize the user experience.[31] Enhancements included a responsive email composer and expanded CRM integrations.[32][33][34]

In March 2015, It introduced Act-On Anywhere, a Chrome application allowing users access to marketing automation data and functionalities across any web-based browser.[35] Allowing users to embed calls-to-action in web pages and blogs from any web-based content management system,[36][37][38] this extension along with Act-On's open APIs, supports a larger vision for an open marketing ecosystem, in which third-party applications can plug and play with Act-On – ensuring that end-users can continue to leverage their current systems and augment the use of those systems using engagement data collected within marketing automation.[37][39]

In June 2015, Act-On released Data Studio, an advanced data access and analytics tool allowing users to visualize, select, configure and export Act-On data to any Business Intelligence (BI) platform.[40] Offered as part of Act-On's enterprise package, the feature equips users with built-in wizards, filters and templates to extract and report on engagement data in real-time.[41][42][43]

Act-On is intended for marketing departments across small, midsize and enterprise companies, serving as a lower-cost and more customer-service focused alternative to enterprise software suites.[44][45]

Users can manage WebEx and GoToWebinar events within the software. It also integrates with data and analytics services, such as Google Analytics.[46][47] More connectors are available for Microsoft Dynamics, WordPress, Salesforce, SugarCRM, Oktopost and others.[48][49][50]

As part of its Open Marketing Ecosystem, the Act-On platform offers native integrations with all major CRM systems, to be vendor-agnostic without being indifferent.[51][52] A separate version for agencies has an agency dashboard to centrally manage multiple client campaigns and is sold at a lower bulk price.[47] Act-On also promotes its agency partners and third-party applications on the Act-On Partner Exchange (APEX), manages an educational resource called the Act-On Center of Excellence (ACE) and provides professional services.[47][50]

In 2023, Act-On released Advanced Analytics which greatly improved reporting appearance and functionality for its users.[53]

Reception

The company was named to the Inc. 500 List of Fastest-Growing Privately Held Companies in 2013, 2014 and 2015,[54] Deloitte's Technology Fast 500 List in 2013[55] and 2014,[56] and Portland Business Journal's List of 100 Fastest-Growing Private Companies in 2013,[57] 2014,[58] and 2015.[59]

In 2022, Constellation ShortList selected Act-On as one of the ten top vendors on the B2C Marketing Automation for Small to Mid Sized Business list, ranked alongside multiple enterprise-level competitors.[60] This followed selection of 2021 for both the B2C Marketing Automation and B2B Marketing Automation Constellation lists.

In early 2015, the Portland Business Journal anointed Act-On's CEO Raghu Raghavan the Technology CEO of the Year, for his ability to manage the company's growth across multiple offices and continents.[61]

Act-On published the results of a three-month survey, detailing differences between top and average performing B2B companies.[62][63] The report found that few marketers owned the customer lifecycle "end to end," and top-performers were likelier to focus on customer retention and expansion, rather than their mid-size, average-performing peers.[64][65][66][67] For its efforts promoting this report, Act-On was shortlisted for MarketingProfs' 2015 B2B Bright Bulb Awards.[68]

In the 2014 Forrester Wave Report on Lead-to-Revenue Management Vendors, Act-On was ranked a leader in both categories: Small Marketing Teams and Large Enterprises. Forrester noted that Act-On did an admirable job delivering functionality for "nearly every criterion" evaluated: Simplicity, feature set, software and support.[69] In Gleanster's Gleansight 2014 benchmark, Act-On received a "Best" ranking in three out of four categories: Ease of deployment, ease of use and overall value.[70] In the 2014 VEST report from analyst firm Raab Associates, Act-On was awarded "good scores" on the "product and vendor dimensions," numbering among "strong leaders" in the "crowded small-to-midsize company segment."[71] The 2015 VEST report named Act-On as "the only privately held company to rank as a leader across all major categories of business."[72]

In 2024, Act-On held a 4.1 out of 5 rating on G2.com with over 1,000 reviews.[73]

References

  1. ^ a b Soper, Taylor (April 15, 2014). "Marketing automation startup Act-On raises $42M, sets sights on IPO". Geekwire. Retrieved June 28, 2016.
  2. ^ a b Gupta, Ankush. "Interview with Raghu Raghavan, Founder & CEO, Act-On Software". MarTech Advisor. Retrieved June 28, 2016.
  3. ^ Batista, Amanda (November 29, 2011). "Act-On Software Surpasses 500 Customers; Plans Aggressive Expansion Track In 2012". DemandGen Report. Retrieved June 28, 2016.
  4. ^ Butcher, Mike (September 6, 2012). "Act-On's $16M D Round From Norwest Venture Is Evidence That Online Marketing Will Be Automated". TechCrunch. Retrieved June 28, 2016.
  5. ^ "Inc. 5000: #172 Act-On Software". Inc. Magazine. Retrieved June 28, 2016.
  6. ^ Anderson, Mark (April 28, 2014). "Act-On Software on hiring spree, mostly for Roseville office". Sacramento Business Journal. Retrieved June 28, 2016.
  7. ^ Rogoway, Mike (June 1, 2011). "Act-On Software lands $10 million in venture capital, says Portland startups are finally getting respect". The Oregonian. Retrieved June 28, 2016.
  8. ^ "Act-On Software Reports 405% Revenue Growth; Expands International Footprint". DemandGen Report. January 19, 2012. Retrieved June 28, 2016.
  9. ^ Rogoway, Mike (April 15, 2014). "Act-On Software lands whopping $42 million VC round, among Silicon Forest's biggest ever". The Oregonian. Retrieved June 28, 2016.
  10. ^ Spencer, Malia (April 15, 2014). "Act-On Software lands $42M". Portland Business Journal.
  11. ^ "Act-On Software". Act-On Software. September 28, 2022. Retrieved September 28, 2022.
  12. ^ Bell, Jon (March 30, 2015). "Tech firm lures CFO away from Jive, expands management team". Portland Business Journal. Retrieved June 28, 2016.
  13. ^ Rogoway, Mike (March 30, 2015). "Act-On Software hires CFO from Jive, names two other execs". The Oregonian. Retrieved June 28, 2016.
  14. ^ "Andy Macmillan, Former Salesforce Executive, Named CEO of Act-On Software". Act-On. Retrieved 2024-02-07.
  15. ^ Rogoway, Mike (May 22, 2013). "Act-On Software, continuing to grow, will move to larger offices in Beaverton". The Oregonian. Retrieved June 28, 2016.
  16. ^ "Act-On names Kate Johnson CEO, Consolidates to Portland, and Doubles Down on Product Innovation". Act-On. Retrieved 2024-02-07.
  17. ^ "Act-On names Kate Johnson CEO, Consolidates to Portland, and Doubles Down on Product Innovation". Act-On. Retrieved 2024-02-07.
  18. ^ Rogoway, Mike (November 14, 2010). "Act-On resists Silicon Valley's call, lands $4 million in venture capital anyway". The Oregonian. Retrieved June 28, 2016.
  19. ^ "Act-On Software Scores $4M from Voyager, USVP | Xconomy". Retrieved June 28, 2016.
  20. ^ Haileyesus, Samson (2020-06-11). "Act-On Software Rebrands to Offer Modern Marketing Tools to Businesses". Small Business Trends. Retrieved 2020-06-24.
  21. ^ Ludwig, Sean (8 August 2013). "5 Davids beating Goliath in the cloud arena". Venture Beat.
  22. ^ "Marketing automation startup Act-On raises $42M, sets sights on IPO". GeekWire. 2014-04-15. Retrieved 2016-05-21.
  23. ^ "Independent Act-On Software Review". www.crmsearch.com. Retrieved 2016-05-21.
  24. ^ "Act-On Twitter App Connecting Social Outreach to Marketing Automation". DemandGen Report. April 5, 2010. Retrieved July 19, 2016.
  25. ^ Gleberman, Monica (June 28, 2012). "Act-On Software Launches New Tracking Tool, Act-On Insight". TMCNet. Retrieved July 19, 2016.[permanent dead link]
  26. ^ Knight, Kristina (July 2, 2012). "New tools offer additional reporting features for online, social". BizReport. Retrieved July 19, 2016.
  27. ^ Casey, Kevin (September 2, 2011). "One SMB's Secret for Improving Sales Leads". InformationWeek. Retrieved July 19, 2016.
  28. ^ "Act-On Extends Inbound Marketing Capabilities, Unveils Mobile App". May 30, 2013. Retrieved July 19, 2016.
  29. ^ Zinck, Barb (May 29, 2013). "Act-On Adds Inbound Marketing Capabilities, New Mobile App". CMS Wire. Retrieved July 19, 2016.
  30. ^ Romano, Benjamin (May 29, 2013). "Meeting the Wizard of Moz: Culture Breeds Community". Xconomy.
  31. ^ Dayaratna, Arnal (July 15, 2014). "Act-On Announces Data Visualization, User Experience, and Integration Enhancements for its Marketing Automation Platform". Cloud Computing Today. Retrieved July 19, 2016.
  32. ^ Zimmerman, Kim (June 10, 2014). "New Funnel Reports, Gmail Integration Among Upgrades Unveiled At Act-On User Event". Demand Gen Report. Retrieved July 19, 2016.
  33. ^ Koetsier, John (July 15, 2014). "Act-On revs up marketing automation: Adds funnel reports, Gmail integration, and more". Venture Beat. Retrieved July 19, 2016.
  34. ^ Nicastro, Dom (July 19, 2016). "Act-On's Enhancements Focus on Reporting, Responsive Design". CMS Wire. Retrieved September 15, 2015.
  35. ^ Urbanski, Al (March 11, 2014). "Act-On Brings Automation to the Browser". Direct Marketing News. Retrieved July 19, 2016.
  36. ^ Noyes, Katherine (March 11, 2015). "New Chrome app puts Act-On's marketing automation tools front and center for SMBs". CIO Magazine. Retrieved July 19, 2016.
  37. ^ a b Eddy, Nathan (March 17, 2015). "Act-On Anywhere Targets Small Business Marketers". EWeek. Retrieved July 19, 2016.
  38. ^ Dressler, Amberly (March 18, 2015). "Take Your Marketing Act Anywhere". Website Magazine. Retrieved July 19, 2016.
  39. ^ Jones, Andrew (March 11, 2015). "Embedding marketing automation in WordPress, Twitter, LinkedIn: Act-On launches Anywhere". Venture Beat. Retrieved July 19, 2016.
  40. ^ "Act-On surfaces engagement data". The Hub Comms. June 2, 2015. Archived from the original on 2016-07-01. Retrieved July 19, 2016.
  41. ^ Eddy, Nathan (June 5, 2015). "Act-On Announces Data Studio for Deeper Analytics, Visual Discovery". EWeek. Retrieved July 19, 2016.
  42. ^ Levine, Barry (June 1, 2015). "Act-On releases new Data Studio tool to feed data-hungry marketers". EWeek. Retrieved July 19, 2016.
  43. ^ Nicastro, Dom (June 3, 2015). "Act-On Promises Deeper Analytics in Data Studio". CMS Wire. Retrieved July 19, 2016.
  44. ^ Aquino, Judith (June 27, 2012). "Act-On Software Rolls Out Online and Social Media Tracking Tool". DestinationCRM. Retrieved July 19, 2016.
  45. ^ Morphy, Erika (June 29, 2012). "Act-On Insight Lets Businesses See How They're Seen Online". CRM Buyer. Retrieved July 19, 2016.
  46. ^ Wizdo, Lori (January 21, 2014). "The Forrester Wave: Lead-to-Revenue Management Platform Vendors, Q1 2014". Forrester. Retrieved July 19, 2016.
  47. ^ a b c Schoen, Claire, Market Intelligence Report: B2B Marketing Automation Tools 2013: A Marketer's Guide (PDF), retrieved July 19, 2016
  48. ^ "The 2012 Sales And Marketing Integration Award Report". DemandGen Report. June 26, 2012. Retrieved July 19, 2016.
  49. ^ Bitton, Sam Avishai (February 7, 2015). "5 Online Tools I Recommend to B2C Israeli Startups". Times of Israel. Retrieved July 19, 2016.
  50. ^ a b Crosier, Kristen (May 14, 2014). "Let's Talk Act-On: Behind the Software Q&A with CMO Atri Chatterjee". Business Software Com. Retrieved July 19, 2016.
  51. ^ "Act-On Builds Native Integration to Major CRMs". August 20, 2014. Retrieved July 19, 2016.
  52. ^ Akhtar, Omar (August 20, 2014). "Act-On Software now offers native integrations with all major CRM systems". The Hub Comms. Archived from the original on 2016-07-01. Retrieved July 19, 2016.
  53. ^ "Act-On Software launches Advanced Analytics with AI to provide most powerful analytics in a Marketing Automation Platform". Act-On. Retrieved 2024-02-07.
  54. ^ "Inc. 5000: #172 Act-On Software". Inc. Magazine. Retrieved July 27, 2016.
  55. ^ "Technology Fast 500 Powerful Connections: 2013 ranking of the fastest growing technology based companies in North America". Deloitte. November 13, 2013. Retrieved July 27, 2016.[permanent dead link]
  56. ^ "Deloitte's 2014 Technology Fast 500 Ranking" (PDF). Deloitte. November 13, 2014. Retrieved July 27, 2016.
  57. ^ Walker, Mason (June 20, 2013). "PBJ100: See where the fastest growing companies rank". Portland Business Journal. Retrieved July 27, 2016.
  58. ^ Walker, Mason (June 12, 2014). "PBJ100: See where the fastest growing companies rank". Portland Business Journal. Retrieved July 27, 2016.
  59. ^ Walker, Mason (June 17, 2015). "PBJ100: Here are Oregon's fastest growing companies (Ranked)". Portland Business Journal. Retrieved July 27, 2016.
  60. ^ "Constellation ShortList B2C Marketing Automation for Small to Midsize Business". Constellation Shortlist. 24 August 2022. Retrieved September 27, 2022.
  61. ^ Spencer, Malia (January 30, 2015). "CEOs of the Year - Tech: Raghu Raghavan of ActOn Software". Portland Business Journal. Retrieved July 27, 2016.
  62. ^ Papachristos, Anna (February 19, 2015). "Should Marketers Drive the Customer Experience?". 1to1 Media. Retrieved July 27, 2016.
  63. ^ Urbanski, Al (February 18, 2015). "Sales Owns CX, Say B2B Marketers". Direct Marketing News. Retrieved July 27, 2016.
  64. ^ Crandell, Christine (February 18, 2015). "What Top B2B Marketers Know That You Don't". Forbes. Retrieved July 27, 2016.
  65. ^ "Mid-Size B2B Marketers Focusing More on Acquisition Than Retention". Market Charts. February 19, 2015. Retrieved July 27, 2016.
  66. ^ Kaneshige, Tom (February 24, 2015). "Digital Marketers Must Own the Customer Lifecycle". CIO Magazine. Retrieved July 27, 2016.
  67. ^ Ward, Chris (February 25, 2015). "Only marketing can engage customers across the entire spectrum of CRM – report". MyCustomer. Retrieved July 27, 2016.
  68. ^ "And the finalists are…". MarketingProfs. July 24, 2015. Retrieved July 27, 2016.
  69. ^ Wizdo, Lori (January 21, 2014). "The Forrester Wave: Lead-to-Revenue Management Platform Vendors, Q1 2014". Forrester. Retrieved July 27, 2016.
  70. ^ "Gleanster 2014 Benchmark Report: Marketing Automation" (PDF). Gleanster. August 25, 2014. Archived from the original (PDF) on 2016-05-06. Retrieved July 27, 2016.
  71. ^ "2014 Marketing Automation Vendor Selection Tool (VEST)". Raab Associates. August 5, 2014. Retrieved July 27, 2016.
  72. ^ "VEST Report: Competition in B2B Marketing Automation Isn't About Features". Customer Experience Matrix. July 31, 2015. Retrieved July 27, 2016.
  73. ^ "G2 - Business Software Reviews".

External links