WaveMaker Announces Three Consecutive Quarters Of Record Bookings

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Strong ISV Sales Help WaveMaker Book Record Quarter With 250% Year-Over-Year Growth

WaveMaker is leveraging its 10,000-strong open source developer community to establish a leadership position in web development platforms

WaveMaker Software™, the leading visual development platform for web applications, today announced its third consecutive record bookings quarter.

The second quarter of 2009 was another record for the company, with a 250 percent year-over-year increase in quarterly bookings and over 200 percent growth for the year-to-date period.

WaveMaker continues to outperform expectations relative to the current economic climate with its consistent and dramatic success.

"WaveMaker is leveraging its 10,000-strong open source developer community to establish a leadership position in web development platforms," said Chris Keene, CEO of WaveMaker. "We are particularly excited about the number of independent software vendors who are choosing WaveMaker as their platform for migrating to SaaS. Our growth is driven by ISVs who want a cost-effective way to develop SaaS offerings while leveraging their existing data and application logic."

New customers in the second quarter included Ameren, the ECN subsidiary of New Zealand Post, Sandia National Labs, GD Informatica, ASP One, CognitoSoft and MotiMark.

WaveMaker Development Platform - Fastest Path To SaaS

For ISVs who want to develop new SaaS applications or migrate existing applications to SaaS, WaveMaker provides an ideal development platform. WaveMaker provides the fastest path to SaaS through a three-step process:

  • Integrate existing data, services and Java code: WaveMaker is based on the Java stack and can quickly import data schemas, web services and existing Java code.
  • Create rich user interface: Using WaveMaker's WYSIWYG tools, ISVs can create a standards-based Ajax user interface in record time.
  • Enable end-user customization: WaveMaker is completely browser-based and can be quickly embedded in any SaaS application, providing end users with an easy way to personalize and extend their SaaS application without complex coding.

About WaveMaker Software
WaveMaker Software™, the leading visual development platform for web applications, makes it easy for anyone to build great-looking web applications that can deploy anywhere. WaveMaker is privately held and headquartered in San Francisco, California, and is funded by Allegis Capital, Sippl Investments, Hummer-Winblad and Worldview Technology Partners. For more information, please visit http://www.wavemaker.com.

WaveMaker, WaveMaker Software, WaveMaker Cloud Edition, Web Fast and CIO Safe are trademarks of WaveMaker Software. All other trademarks are property of their respective holders.

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Chloe Jackson
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