Galway-based technology companies Channel Mechanics and Allbound have announced plans to create 50 new high-tech jobs following the completion of their merger.
The newly combined firm will trade as Channelscaler, and brings together the partner relationship management software company and the channel program automation business.
“Today marks a significant milestone as we go to market under a unified brand uniting two incredible companies,” said Kenneth Fox, CEO of Channelscaler.
"This isn’t just a name change, it’s a statement of intent. We’re combining intuitive partner engagement with enterprise-grade automation to deliver what channel leaders need most: the platform, data, and insights to scale partner revenue - with confidence and clarity."
Channelscaler is backed by Invictus Growth Partners and aims to empower companies that sell to, through, and with partners to take advantage of indirect revenues, which is estimated to account for more than 70% of all purchases, according to Canalys.
Creating a frictionless channel and streamlining partner program delivery enables businesses to thrive in this ecosystem driven economy, Channelscaler said.
Channelscaler creates competitive advantage for its customers across every stage of the partner lifecycle, and delivers measurable ROI by simplifying partner operations, accelerating indirect revenue and reducing cost of channel sales.
“We drove the consolidation of Allbound and Channel Mechanics because we saw immense potential in their combined strengths to set the standard for excellence in channel sales software," said John DeLoche, co-founder and managing partner at Invictus Growth Partners.
"This strategic rebrand to Channelscaler aligns with the company’s mission to power partnerships and deliver ROI for our customers"
Speaking at the announcement, Anne Lanigan, divisional manager for technology & services at Enterprise Ireland, said: “Enterprise Ireland has worked closely with Channelscaler since 2011 and we warmly welcome today’s expansion and rebrand announcement.
"Channelscaler’s success and growth in the space of channel sales highlights Ireland’s position as an international hub for innovation.
"As part of our new five-year strategy, Enterprise Ireland’s ambition is to accelerate sustainable Irish business with globally focused businesses like Channelscaler becoming the primary driver of the economy.
"Enterprise Ireland looks forward to working with the team to continue to support their growth ambitions as they expand their customer base internationally whilst continuing to create jobs here in Galway.”
Galway’s Channel Mechanics and US Company Allbound unite under a single brand, Channelscaler, creating 50 new high-tech jobs in Galway City.
Photo: (l-r) William Nettles and John DeLoche and Jeremy Lai from Invictus Growth Partners; Minister of State Hildegarde Naughto, Kenneth Fox, CEO, Channelscaler; and Anne Lanigan, Enterprise Ireland. (Pic: Andrew Downes, xposure)
