Acklen Avenue

Founded: 2011
1033 Demonbreun Street #300, Nashville, TN 37203, USA
Phone: 615-988-4700
Number of employees: 51-200
Website: www.acklenavenue.com

Overview

Acklen Avenue, a software development company headquartered in Nashville, Tennessee, has been a prominent player in the technology industry since its inception in 2011. Founded by a group of passionate software developers, the company’s primary focus has been on developing and maintaining custom software solutions for businesses. By leveraging their expertise in technology and software engineering, Acklen Avenue has made a name for itself as a provider of high-quality, custom-built software applications tailored to meet the unique needs and requirements of its clients.

Initially, Acklen Avenue focused on serving local businesses within the Nashville area. However, as the company’s reputation grew, so did its clientele, eventually expanding to serve customers across the United States and beyond. Today, Acklen Avenue boasts a diverse client base, including companies from various industries such as healthcare, finance, education, and entertainment. This broad range of clients has allowed the company to hone its skills and expertise in different sectors, contributing to its overall success and growth.

In terms of funding, Acklen Avenue has received a total of $3.5 million in investments from multiple rounds, allowing the company to grow and improve its services. The first funding round took place in 2012, where the company received a seed investment of $1 million. This investment enabled Acklen Avenue to expand its operations and hire additional staff, ensuring a steady influx of talent and resources necessary for continued growth. In 2015, the company secured a Series A investment of $1.5 million, which facilitated further expansion and growth. The most recent funding round, a Series B investment of $1 million, took place in 2018.

Throughout its history, Acklen Avenue has completed several strategic acquisitions that have contributed to the company’s growth and expansion. One notable acquisition occurred in 2014 when the company acquired Zivelo, a provider of custom kiosk solutions. This acquisition allowed Acklen Avenue to broaden its product and service offerings while expanding its customer base. Another significant acquisition took place in 2016, with the purchase of Glimpse, a data visualization and analytics company. By integrating Glimpse’s technology and expertise, Acklen Avenue was able to enhance its software development capabilities and offer additional services to its clients.

As a result of its rapid growth and increasing market share, Acklen Avenue attracted the attention of various larger technology companies. In 2021, the company was acquired by Cognizant, a multinational IT services and consulting company. This acquisition was a strategic move for Cognizant, as it enabled the company to enhance its software development capabilities while expanding its footprint in the Nashville technology market. Following the acquisition, Acklen Avenue continued to operate under its brand name, functioning as a subsidiary of Cognizant.

Under the umbrella of Cognizant, Acklen Avenue has continued to thrive and expand its operations. The company has been able to leverage the resources and expertise of its parent company to better serve its clients, resulting in improved customer satisfaction and increased business opportunities. As part of Cognizant, Acklen Avenue has also expanded its services to include additional consulting and IT solutions, allowing it to offer a more comprehensive suite of services to its clients.

Despite being acquired by a larger entity, Acklen Avenue has maintained its commitment to the Nashville community. The company continues to play an active role in the local technology scene, hosting events, sponsoring local initiatives, and participating in mentorship programs for aspiring software developers. This dedication to community involvement and support has helped solidify Acklen Avenue’s reputation as a valuable and responsible member of the Nashville business community.

Throughout its history, Acklen Avenue has demonstrated a consistent track record of success and growth. The company’s focus on providing high-quality, custom software solutions, as well as its strategic acquisitions and integration with Cognizant, have contributed to its strong market position and reputation. In addition, Acklen Avenue’s dedication to innovation and staying current with emerging technologies has enabled it to stay ahead of the curve in a constantly evolving industry. This commitment to innovation and continuous improvement has played a significant role in the company’s ability to attract and retain top talent, further contributing to its ongoing success.

Acklen Avenue’s impressive client portfolio is a testament to the quality of its work and the trust it has built with its customers. By consistently delivering exceptional software solutions tailored to the specific needs of each client, the company has been able to foster long-lasting relationships with its customers. This focus on customer satisfaction has not only helped the company grow its business, but it has also contributed to its high client retention rate.

Another key factor in Acklen Avenue’s success has been its ability to adapt and respond to the changing needs of the technology landscape. As new technologies emerge and businesses adapt to an increasingly digital world, Acklen Avenue has remained nimble and responsive, ensuring that its services and solutions remain relevant and valuable to its clients. This adaptability has been crucial in maintaining the company’s competitive edge and ensuring its continued growth in a rapidly changing industry.

In conclusion, Acklen Avenue’s history is marked by consistent growth, strategic acquisitions, and a commitment to innovation and customer satisfaction. The company’s acquisition by Cognizant in 2021 has allowed it to further expand its capabilities and resources, positioning it for continued success in the software development industry. As a result, Acklen Avenue remains a prominent player in the Nashville technology scene and beyond, continually striving to provide exceptional custom software solutions and services to its diverse client base.

Disclaimer: Please note that the names and positions of employees mentioned may be subject to change, as individuals may move to different roles or organizations. While we make every effort to keep our information accurate and up-to-date, we cannot guarantee that all employee details are current or complete. We encourage you to verify the identity and positions of any individual mentioned and check their Linkedin Profile before taking any action based on their role.