Minneapolis, MN, August 09, 2017 --(PR.com
)-- Wavebid, a SaaS company that offers inventory, clerking, marketing, and management services for the auction industry, announced today that they are undergoing a major expansion across the Atlantic. The initiative is possible through a strategic sales partnership with Bidpath, a leading global online bidding software platform. Together, Bidpath and Wavebid will be offering Wavebid's first European-oriented auctioneer software product. It will be released in late 2017.
Bidpath and Wavebid have maintained a strategic partnership for many years. This expansion gives Bidpath the exclusive right to market Wavebid across the United Kingdom, Europe, Australia and South Africa as a standalone product. At the same time, current relationships with other bidding providers will remain unchanged. When discussing the partnership, Russ Hilk, Co-founder and CEO of Wavebid, stated, “We are excited to embark on this important phase of our expansion. The power of our software is universal for any auctioneer. By partnering with Bidpath, we gain an immediate local sales and support team to push the expansion of this versatile and useful product.”
As part of the partnership agreement, Wavebid will conduct a simple redesign and update of the software. This will allow the software to address locale-specific differences in the varying markets. The updates will also include a standalone server cluster within the EU. This is to meet EU data privacy requirements.
“This partnership brings powerful tools in the Wavebid software suite right to our customers throughout the EU. There is an absolute need in the market for cloud-based auction software, and we are thrilled to help fill that void,” said Adam Alexander, Founder and CEO of Bidpath.
Wavebid is a SaaS company that provides practical business solutions to help the auction industry navigate the auction world. We solve the most urgent issues within the auction industry by offering a cloud-based software that helps with the back-end side of auction management. Over 1,000 users count on Wavebid to provide solutions for cataloging, clerking, business management, and web design.
For more information please visit: www.wavebid.com
Bidpath is a global auction software company providing auction technology for over 400 companies around the world. Bidpath’s SAM Auction Software is the leading private label and fully customizable global auction platform, offering fully integrated solutions that give back the auctioneer control over their brand and their customers. Built by Auctioneers for Auctioneers.
For more information please visit: www.bidpath.com