Orlando, Florida (November 4, 2019) – IZEA Worldwide, Inc. (NASDAQ: IZEA), operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, announced that it has expanded its relationships with multiple Fortune 500 customers. The company has signed a mid six-figure managed services contract with a leading global retailer to provide influencer marketing services, pushing their total annual commitment to nearly $1.5M. In addition, the company has signed six-figure expansions with two other leading global retailers, each focused on influencer marketing promotions for the holidays.
“IZEA had record-breaking managed services bookings in October this year, hitting an all-time high for the period and making a significant jump over a slower October in 2018,” commented Ted Murphy, the Company’s CEO. “We have seen the return of multiple customers that were muted last year, and we are seeing the benefits from the adjustments we made throughout our sales and service organization in 2019. In addition to managed services, the number of SaaS customers licensing our software hit a record in October as well. Our diversification of SaaS product offerings and price points is resonating with customers and our continued investment in the platform is yielding a positive response.”