Orlando, Florida (February 28, 2019) – IZEA Worldwide, Inc. (NASDAQ: IZEA), operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, today announced that an international specialty retailer with combined e-commerce and brick and mortar revenue in excess of one billion dollars has licensed IZEAx as its influencer marketing platform. This is the second billion-dollar retailer to license IZEAx in as many months.
“We continue to see strong growth in licensing of IZEAx among leading brands,” commented Ted Murphy, Founder and CEO of IZEA. “The quality of these companies and the opportunities they present to our network of influencers enhances the value of our ecosystem. Influencers are eager and excited to promote the brands that they are passionate about, and each new IZEAx software customer strengthens our position as the leader in our space.”
“We continue to invest in the IZEAx technology stack and have begun to increase our sales and marketing efforts dedicated to platform licensing,” continued Murphy. “While still a relatively small part of our business today, monthly licensing fees billed for IZEAx in January 2019 have already exceeded the entirety of Q1 2018. We expect triple digit annual revenue growth in IZEAx licensing fees this year as compared to last year.”
During the fourth quarter approximately 61% of IZEA’s $11.2 million in bookings came from a combination of software licensing and marketplace spend across all IZEA platforms.
To schedule a demo of IZEAx please visit izea.com.