With great sadness, we announce that we have made the difficult decision to close DWX due to a lack of funding. While it is true that we started in the most promising way possible by developing an MVP and validating the product fit with an eBay Classifieds Group website, despite our efforts and dedication, we have not achieved the profitability needed to sustain our operations.
Our vision was to create an innovative platform to revolutionise how websites increase organic traffic. We wanted to provide SEO/Growth Managers and Search marketers with a technological solution that automates manual processes on a large scale, taking into account the situation of the website and its competitors, and that learns with each iteration.
Over the last three years, we have worked tirelessly to develop our platform, constantly bringing new ideas and improvements. However, we have not found a suitable market for our products and services. We have experimented with different technology approaches, changed pricing strategy, pivoted the business model, explored different markets, and worked indefatigably to find a market fit. But despite all this, we have not reached the traction necessary to make our company sustainable.
Finally, we are incredibly grateful to our employees, advisors, and of course, our beta testers, who helped us along the way. We couldn’t have done it without you, so THANK YOU!
This is not a definitive defeat for us. Although DWX will close, we will not stop here. We will continue looking for ways to innovate and make a difference in the digital arena from our other business, Smartbrand, the parent company of DWX. We hope to share with you our next steps shortly.
Thank you again for all your support.
Ps. If you want to explore options to acquire our technology, please, send us a message.