Tag: Peter Messana

Scaleworks Buys E-Commerce Search Company Nextopia, Names Pete Messana as CEO
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Scaleworks Buys E-Commerce Search Company Nextopia, Names Pete Messana as CEO

San Antonio-based venture equity firm Scaleworks has acquired  Nextopia, an e-merchandising software company specializing in search and navigation solutions. The company is the second purchase for the San Antonio private equity firm’s second $80 million fund announced in February. Nextopia is also in the online search and navigation space as is competitor SearchSpring, which Scaleworks acquired in May.Read more: Scaleworks Acquires SearchSpring, Leader In E-commerce SearchSpring“Every step of the customer journey in e-commerce has a big impact on sales – from search to landing pages to merchandising, said Lew Moorman, Scaleworks general partner and co-founder. "With Nextopia and SearchSpring we are assembling the best-of-breed toolset to help merchants of all size sell as effective...
Scaleworks Acquires SearchSpring, Leader In E-commerce SearchSpring
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Scaleworks Acquires SearchSpring, Leader In E-commerce SearchSpring

Scaleworks has bought SearchSpring, a technology company in the e-commerce space and first acquisition from the San Antonio private equity firm's second $80 million fund. SearchSpring provides search and navigation technology to direct consumers to the websites of consumer brands using artificial intelligence-powered algorithms.Gareth Dismore founded the company in 2007 in Denver, CO using private funds to bootstrap its growth. Dismore has deep expertise and experience in software engineering, machine learning, and e-commerce and will leave the company now that is has been acquired.“After 11 years of operating independently as a bootstrapped company, SearchSpring will now have the backing of a team of technology veterans that share our passion for search, merchandising and helping ...