Bevy Acquires CMX to Address Growing Demand for Real-Life Social Networks
Palo Alto, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Palo Alto, CA – February 11, 2019 – Bevy, the premier SaaS platform for In Real Life (IRL) Community Management, today announced it has agreed to acquire CMX, the world’s largest membership-driven network of community professionals. The acquisition brings together two companies that are dedicated to building intelligent and powerful digital tools that address the growing demand for safe and meaningful real-world communities. CMX’s co-founder and CEO David Spinks will continue to lead CMX initiatives and become VP of Community at Bevy.
Forrester predicts 2019 is the year to invest in Humans. Customers will lead a community-based revolt against corporate chatbots. And a Pew Research Center study revealed that only 3% of social media users in the US said that they have a lot of trust in the information they find on these sites. As a growing alternative, digital natives have been turning to in-person communities. Bevy is the leading enterprise software solution for Community Managers around the world.
Bevy is built to scale in-person communities with one integrated platform that empowers organizers, connects otherwise disparate data sources, and unifies community groups from different social networks. Bevy is the first company entirely dedicated to building in-person Customer-to-Customer (C2C) communities. The addition of the CMX community will help Bevy accelerate innovation for companies, institutions and advocacy groups focused on building communities In Real Life (IRL). Whether it’s Community User Groups for Software Companies, Field Marketing Teams for Consumer Brands, Trade Associations, University Alumni Groups or Grass Roots Organizers, Bevy offers enterprise software that is purpose-built for organizations who want to build, grow and scale their in-person / IRL communities.
CMX has been defining the category of “community-driven business” and helping community professionals thrive since 2014 developing into the largest network for community professionals and thought leaders in the space. By joining forces, Bevy and CMX aim to bring marketing and community professionals everywhere together, to learn, grow, and network with the community world. Through their work together, Bevy and CMX aim to shepherd in the new era of human connection and innovation in the business world. The CMX community offers CMX Pro which is a private network of professional community builders and the CMX Summit, the community industry’s leading conference. CMX has also developed workshops and training used by dozens of organizations including Facebook, Google, Salesforce, and Discovery Channel.
“We see a world that’s growing increasingly lonely despite being more connected than ever before. Millennials are in desperate need of meaningful community. They’re craving more depth, and that often comes through in-person, real-world connection.” said David Spinks, CEO and co-founder of CMX. “The Bevy team have built a great platform to help teams scale their IRL community programs. We’re thrilled to join forces and work toward a more meaningful, connected world.”Derek Andersen, Bevy CEO and co-founder said, “New technology is driving how we interact with each other on and offline. It’s how our society is evolving. This also affects how millennials and Gen Z interact with businesses and organizations. They’re looking for more than just products from businesses, they’re looking for a sense of shared identity and belonging.”
Bevy was created by the team behind Startup Grind in order to solve their own challenge to scale in-person community groups. They’ve raised $6M from Upfront, the founders of Qualtrics and other private investors. Bevy continues to innovate with a feature-rich platform used by some of the most forward-thinking & disruptive companies in the world. Partnered with companies like Slack, Atlassian, Asana, Qualtrics, Duolingo and more, Bevy is leading a movement to build Customer-to-Customer (C2C) communities everywhere.
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