Fourth Wave auction software
Fourth Wave, LLC
Fourth Wave, LLC, a vendor of auction clerking and cashiering software, has apparently closed its doors.
On May 13, we received an email from an auctioneer claiming that he had purchased the software and needed to contact Fourth Wave but was unable to do so. We noticed that the website, fourthwave.net, was indeed down and we sent an email inquiry.
Later that day, we got another email from the same auctioneer who reported he had just received a letter from Fourth Wave. The letter allegedly contained a refund and stated that the company may be going out of business.
Now over a week later, we have additional reports of other Fourth Wave users receiving similar letters. We still haven’t received a response to our initial inquiry and fourthwave.net remains down.
We were approached in February by Fourth Wave with a request from them to be featured on the Auction Podcast. We agreed but couldn’t nail down a time. This chain of events seems fairly quick, and the strange twist is that their website recently went back up at a different URL with no announcement other noticeable change of content.
Do you have any more information regarding Fourth Wave? Let us know in the comments.
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The new website is still up, but there are menu items that, when clicked, do nothing. I don't get it.
I have had no luck reaching them. That is too bad, I really enjoyed working with them.
Have you selected another software solution?
I am a previous employee of Fourth Wave LLC, If you owned the software fron 2006 to 2008 you spoke with me. They have indeed went out of business. The web addy that is up was just a web site we were setting up before the company decided to close and apparently they haven't pulled it yet. They have opened a new company at the same location called RBIDS. The physical address is still occupied by the same people just selling different software now. From previous experience I would say they overpromised and underdelivered one too many times.
I am a previous employee of Fourth Wave LLC, If you owned the software fron 2006 to 2008 you spoke with me. They have indeed went out of business. The web addy that is up was just a web site we were setting up before the company decided to close and apparently they haven't pulled it yet. They have opened a new company at the same location called RBIDS. The physical address is still occupied by the same people just selling different software now. From previous experience I would say they overpromised and underdelivered one too many times.
Thanks for taking the time to give us an update.
No problem. Sad really b/c it was and still is by far the best software for the auction industry. The owner is a great programmer and really understands the industry.