RainKing Solutions Moves, Expands Headquarters in Downtown Bethesda

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Company Plans to Add 60 New Sales, Research and Customer Success Positions

Downtown Bethesda is the perfect place for us to launch the next era of RainKing.

RainKing Software, Inc., a leader in IT sales intelligence, is moving from its current headquarters on Rockledge Drive to a new, larger space at 7700 Old Georgetown Road. As part of the relocation and expansion, RainKing plans to add more than 60 new sales, research and client success positions as it continues to successfully grow its presence within the sales intelligence solutions market.

“We are excited at the prospect of continuing the growth and success of RainKing in new space in Downtown Bethesda,” said CEO John Stanfill. “Downtown Bethesda is the perfect place for us to launch the next era of RainKing. The vibrant urban setting, with direct access to the Metro and hundreds of eateries, will help us to attract and retain the best sales professionals and employee base in the Washington, DC, metro area."

RainKing delivers IT sales intelligence on nearly 1 million technology decision makers and over 50,000 companies globally. The Company received a large private equity investment last year from Spectrum Equity, which has enabled RainKing to aggressively expand its sales, research and engineering infrastructure to further strengthen its competitive advantage.

To assist with the expansion, the Maryland Department of Commerce has approved a $200,000 conditional loan through the Maryland Economic Development Assistance Authority and Fund (MEDAAF). The Company is also eligible for a number of state and local tax credits. Additionally, Montgomery County has approved a $100,000 grant convertible to a loan from the county’s Economic Development Fund.

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ABOUT RAINKING
Founded in 2007, RainKing delivers IT sales intelligence on nearly 1 million technology decision makers and over 50,000 companies, globally. RainKing's customizable platform enables customers to quickly identify and rank likely buyers and ensures they are targeting the most relevant decision makers at every company. Additionally, RainKing's researchers employ a multi-faceted approach to surface actionable IT investment signals, including timely insight on a company's technology-related pain points, spending initiatives, and contract opportunities, for thousands of companies each day. By delivering quality sales intelligence and best-in-class service, RainKing empowers sales and marketing teams to be more targeted, productive, and successful. RainKing's solution is offered through a SaaS based application that integrates seamlessly with leading CRM and marketing automation platforms. For more information, visit http://www.rainkingonline.com.

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Melissa Macatuno
RainKing Solutions
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Melissa Macatuno
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since: 01/2012
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