Izea Inc (NASDAQ:IZEA) Posts Seven-Figure Deal With Fortune 500 Firm


Izea Inc (NASDAQ:IZEA) operator of IZEAx®, the leading web marketplace connecting publishers and brands with influential content creators, is announcing numerous high-profile deal wins. During the third quarter, the company has obtained a seven-figure deal renewal with a Fortune 500 firm for influencer marketing and custom content services.

The firm has also finalized deals in surplus of a quarter million dollars with a major Fortune 500 media firm. Additionally, the company has advanced a new master services deal with a top 10 international retailer and the related deal for a six-figure influencer marketing plan.

The details

Ted Murphy, the CEO and Chairman of Izea, reported that they are thrilled by their continued progress establishing significant, brand-direct relationships. Their recent wins undermine the value they are generating for marketers and their unique role in the marketing landscape.

They consider their commitment to service, supported by their technology investments in segments like augmented reality and artificial intelligence, will lead to underway opportunity with the world’s major brands. Izea will be reporting the third quarter bookings on October 10, 2017.

Izea manages IZEAx, the leading technology platform that brings together marketers and influential content creators. IZEAx automates custom content and influencer marketing development, permitting agencies and brands to scale their marketing plans. The company creators range from leading social media personalities and bloggers, to professional journalists and A-list celebrities. Creators are paid for distributing and developing photos, status updates, text and videos through social media. Marketers get powerful content and engaging, shareable stories that lead awareness.

In the last trading session, the stock price of Izea jumped more than 36% to close the day at $6.62. The gains came at a share volume of 21.29 million compared to average share volume of 861,716. After the recent gains, the market cap of firm was noted at $27.67 million.

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