AuthX Consulting Announces Private Placement Capital Raise to Drive Growth

WASHINGTON, DC, April 22, 2015 (Newswire.com) - AuthX, a Digital Engagement Technology Company, today announced that it has successfully completed a private placement round of Equity Financing. The funds will be used to both expedite the growth of the company’s consulting business, and also to promote their ongoing software development effort for supporting Digital Marketing in a global capacity.

The announcement follows a successful Q1, in which the company experienced high double-digit growth and completed multiple technology implementations for large, industry-leading, clients. The company also announced the first ever integration of Hippo CMS/Oracle ATG eCommerce, and the signing of their first European-based client earlier this month.

“While the amount raised, and the actual investors are material, this successful Equity Financing round validates our business model and allows us to focus on the pending release of  our software,” commented Ralph Miller, Chief Business Officer of AuthX Consulting. “We now have the growth capital to expedite execution on our strategic objectives, and are gearing up as an Organization for our product release in the coming months.”

For more information about AuthX Consulting, visit www.authxconsulting.com 

About AuthX Consulting

AuthX is a Digital Engagement Technology Company offering software tools, combined with technical and marketing services. With proven success supporting Fortune 1000 companies. The company is focused on taking modern business and technical strategies, such as Customer Experience Management (CXM), test-driven optimization, personalization and content management, and deploying them through one global system. A strategy we call “Global Brand. Local Marketing.™” By partnering with industry leading CXM technologies, AuthX is able to offer clients a tailored strategy to communicate intimately across channels through enablement of the platforms. AuthX’s corporate philosophy promotes bringing “Authenticity” to each engagement, including our client, our partner, our employees, and our industry. To assist clients in overcoming the challenges presented by an ever-changing digital marketplace, AuthX provides Enterprise Architecture and Strategy, Implementation Services, Optimization Services and Cloud-Based Managed Services.

©2015 AuthX Consulting, LLC. All Rights Reserved.

AuthX Sales Inquiries: JM Guthrie, 202.870.7046, jmguthrie@authxconsulting.com

AuthX Media Inquiries: Todd Zeiger, 216.470.8976, tzeiger@authxconsulting.com