Advertisement

Docalytics, St. Paul developer of analytics software, purchased by New York firm

The company will keep its office in St. Paul and look for more programmers.

February 19, 2016 at 1:32AM

Docalytics, a St. Paul-based company that developed a way for businesses to track how customers look at websites and use downloaded documents, has been acquired by Contently, a New York firm that helps businesses create content for websites.

Terms of the sale, announced Thursday, weren't disclosed.

Docalytics developed software that lets businesses analyze how people use their websites and digital materials, such as PDF documents, that are distributed electronically.

Business marketers can use the data provided by the Docalytics technology to understand the effectiveness of electronic catalogs, brochures and other marketing materials.

For Contently, which provides firms with systems to manage the creation of sales materials online, the Docalytics technology provides a new service to offer its clients.

In a statement, Contently Chief Executive Joe Coleman said business marketers rely heavily on downloadable content, such as PDFs and white papers.

"But no solution has existed to track, measure and optimize those assets like other Web-based content," Coleman said in the prepared statement. "Our acquisition of Docalytics changes that, giving marketers access to a whole new universe of data."

Docalytics emerged from a team of entrepreneurs who got together at a Startup Weekend Twin Cities event at the U's Carlson School of Management in early 2012.

Advertisement
Advertisement

The team, in 54 hours of writing software code, created marketing documents with data analytics and other features.

Originally known as TinderDocs, the company was a semifinalist in the high tech division of the 2012 Minnesota Cup business competition. Co-founders Evan Carothers, Ryan Morlok and Steve Peck spent a portion of 2013 in a business accelerator program in Milwaukee. Renamed Docalytics, the trio in early 2014 raised $540,000 in venture capital from investors in the Twin Cities and Milwaukee.

With the sale, Docalytics' office in St. Paul will become Contently's fourth office nationwide and the firm plans to hire more developers to keep building out the data analytics technology, Peck said.

"One of the things we are most excited about in how this deal turned out was Contently's enthusiasm to let us stay in the Twin Cities and grow our team to make our part of the product and their overall platform better," Peck said.

Evan Ramstad • 612-673-4241

about the writer

about the writer

Evan Ramstad

Columnist

Evan Ramstad is a Star Tribune business columnist.

See Moreicon

More from No Section

See More

The man suspected of killing a Minnesota lawmaker and wounding another crawled to officers in surrender Sunday after they located him in the woods near his home, ending a massive, nearly two-day search that put the entire state on edge.

card image
Advertisement
Advertisement

To leave a comment, .

Advertisement