RJMetrics Achieves 150% Annualized Growth in Global Customer Base Following $6.25 Million from Trinity Ventures
Philadelphia, PA (PRWEB) January 29, 2014 -- RJMetrics, a leading SaaS business intelligence provider, today announced 150% annualized growth in its global customer base in the six months since closing $6.25 million in series A funding from Trinity Ventures. The growth was driven by core product enhancements, development of its Sales and Marketing functions, and the underlying market growth for business intelligence and ecommerce.
RJMetrics doubled headcount across the business during the same period, with substantial hiring focused in Sales, Marketing and Account Management. The company rounded out its senior management team, adding Seth Faigin as VP of Sales and Account Management and Anita Garimella Andrews as VP of Client Analytics Services.
“We’ve had tremendous growth over the second half of the year, solidifying our position as a leading provider of business intelligence for online businesses, especially in the ecommerce sector. It’s a huge, fast-growing market, and we are poised for continued success,” said Robert Moore, Co-Founder and CEO of RJMetrics. “Tracking shopping patterns and predicting user behavior are increasingly impactful for online businesses. We look forward to helping more of them become truly data-driven.”
RJMetrics provides sophisticated data warehousing and visualization capabilities for online businesses in industries such as ecommerce and SaaS.
“RJMetrics gives each department the insights it needs, helping us to measure and improve customer acquisition and more,” said Nick Veith, Senior Manager of Digital Marketing at Craftsy, an education portal for crafters. “Our dashboards have helped us consistently exceed our marketing goals.”
The company expects continued product innovation to drive accelerated growth during 2014. Upcoming releases include major enhancements to its data warehouse platform that will allow users to more efficiently manipulate and visualize their data. The company also plans to support an ever-growing number of online businesses by expanding its ecosystem of third-party data connectors.
RJMetrics also strengthened its board of directors, appointing Chuck Dietrich, former CEO of SlideRocket and GM at Salesforce.com, as an independent Director. “RJMetrics has all the markings for greatness: an exceptional team, a product that was thoughtfully conceived and iterated from years of customer input, and a proven ability to make a positive impact on its customers’ businesses.” said Dietrich. “I am excited to be working with such a great company and team.”
Dietrich joins existing Director Karan Mehandru of Trinity Ventures.
ABOUT RJMETRICS
RJMetrics is a hosted business intelligence platform for online businesses. It provides business users with an easy-to-use, cloud-based solution to drive growth through smarter decision-making.
RJMetrics is the business intelligence platform of choice at many of the fastest-growing online businesses in the world, including Fab.com, Hootsuite, Threadless and more.
For more information on RJMetrics, read the blog, visit the website, and follow them on Twitter.
Jocelyn Jones, RJMetrics, http://rjmetrics.com, 713-907-4249, [email protected]
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