Conga to acquire Indy tech company Octiv
On March 7, 2018, Colorado-based Conga announced plans to acquire Octiv, a marketing Software-as-a-Service platform that revolutionizes web-based document solutions.
Conga’s acquisition of Octiv will enhance the breadth and depth of the Conga Suite, which the company says is considered the industry’s most comprehensive Intelligent Document Automation Suite. Octiv will extend the Conga Suite by providing the ability to create, collaborate and manage web-based documents while measuring engagement throughout the lifecycle of a document. This enhanced offering will drive even greater results and value to Conga customers globally.
“We are thrilled to welcome Octiv’s employees and customers into the Conga family. We will bring our 5 Star approach to global customer success to the more than 300 organizations using the Octiv platform,” said Conga CEO Matthew J. Schiltz. “Octiv’s solution strategically complements the Conga Suite. It will power Conga customers who generate web-based documents to even greater success, while expanding our document and contract management user base.”
Founded as Tinderbox in 2010 by Dustin Sapp, the company rebranded to Octiv in 2016 has grown significantly in Indianapolis since then. Octiv secured $4.7 million in funding from GE Ventures, High Alpha, Greycroft Partners and Allos Ventures in September 2016, and the company saw new leadership with David Kerr moving from COO to CEO in January 2017.
“Joining forces with Conga offers an exciting opportunity for our customers and employees,”said Octiv CEO David Kerr. “Conga’s reputation for customer success, innovation, global support and complementary expertise in the document and contract management space gives us the ability to exceed our customers’ expectations and accelerate the development of the
Conga is privately-held and based in Colorado with global operations in the UK and Australia and more than 350 employees. For more information, visit getconga.com.