NewsCred rebrands as Welcome
A familiar name on the martech landscape retires today as NewsCred announces it will rebrand as Welcome. This coincides with launch of Welcome, a solution for work management, strategic campaign planning, collaborative content creation, and real-time performance measurement designed for marketing teams. The rebrand will be complete in Q1 2021.
In July this year, Industry Dive acquired NewsCred’s content marketing studio and services business, leaving behind the end-to-end campaign management platform, with budget and resource management and content creation and analytics tools. This is relaunched as Welcome, a marketing orchestration platform.
In a release, NewsCred said the sale of the content services business generated capital to accelerate growth, and pointed to two recent executive hires: Matt Malanga as CMO and Radhika Samant as CFO.
NewsCred co-founder and CEO, Shafqat Islam, told us: “The divestiture of the content services business in July, combined with the rebrand of our software and company, are together a culmination of a 3-year strategy. We spent years building a profitable services business while investing heavily in our software platform, and as a result of the sale, are now in a healthy position to double down on R&D.”
The rebrand, he said, reflects the “next chapter for our company — one as a bold, innovative, and thriving SaaS organization. Welcome is the perfect vessel to champion our ‘marketing orchestration’ message and enable us to execute on our mission to transform how marketing teams work.”
This article first appeared on MarTech Today.
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