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Martech: Analytics & Data

Optimizely buys Experiment Engine for its optimization tools

Experiment Engine was built on the Optimizely platform, and its purchase reinforces Optimizely’s positioning as a facilitator of experiments for web and mobile.

Barry Levine on April 19, 2017 at 4:01 pm
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Last year, testing service Optimizely said it was going beyond A/B as it launched Optimizely X, which it described as the “world’s first experimentation platform.”

Today, the San Francisco-based company is reinforcing that identity by announcing it has purchased Experiment Engine, founded in 2014 and based in Austin, Texas. It provides a platform for conducting A/B tests to increase sales. Deal terms were not made public.

Optimizely said that the acquisition will allow it to offer better capabilities for managing optimization experiments, with tools for project management, reporting, analysis and program oversight.

The tools allow team members to track testing progress, track and export results like win rate, prioritize testing and set up hypotheses for companies that run many tests throughout a year.

Experiment Engine built its offering on Optimizely’s open developer platform as a tech partner, using the open APIs.

The CEO and founder of Experiment Engine, Claire Vo, and several team members are joining Optimizely to manage her product and team as the tech is integrated, which Optimizely said is planned for completion by the end of this year.



About The Author

Barry Levine
Barry Levine covers marketing technology for Third Door Media. Previously, he covered this space as a Senior Writer for VentureBeat, and he has written about these and other tech subjects for such publications as CMSWire and NewsFactor. He founded and led the web site/unit at PBS station Thirteen/WNET; worked as an online Senior Producer/writer for Viacom; created a successful interactive game, PLAY IT BY EAR: The First CD Game; founded and led an independent film showcase, CENTER SCREEN, based at Harvard and M.I.T.; and served over five years as a consultant to the M.I.T. Media Lab. You can find him at LinkedIn, and on Twitter at xBarryLevine.

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