San Francisco, CA – November 25, 2014 –Sitecore®, the global leader in customer experience management solutions, today announced another year of significant topline growth and profitability in its fiscal year ending June 30, 2014. A significant investment by leading private equity and venture capital firm Technology Crossover Ventures (TCV), of Palo Alto, California, in late 2011 enabled consolidation of Sitecore’s global operations.
For the fourth consecutive year, Sitecore achieved more than 35 percent topline growth over the previous fiscal year. Sitecore has worked with approximately 4,400 world-renowned brands including Metro, L'Oréal, The Maersk Group, Honeywell, Adecco, Bayer, and Lenovo. Sitecore is a highly profitable innovator, and will continue to invest in all aspects of its high growth business, which is rooted in a partner-focused business model. The company continues to expand its global footprint with approximately 900 global employees.
“I am so pleased with another year of strong performance and, in tandem, continued leadership in differentiated innovation that avails our current and prospective customers the best platform to manage the customer experience,” said Michael Seifert, Founder and CEO. “Sitecore offers marketers one connected platform that delivers one connected experience, and is the only complete digital marketing system that truly puts the customer at the heart of every interaction. The platform allows marketers to deliver on both the science and the art of marketing, provide great, connected brand experiences, and own the experience of every customer or prospect that engages with their brand – a meaningful relationship that wins customers for life.”
“I am very excited about the continued growth in our addressable market, and am quite pleased with Sitecore’s increasing competitive advantage in the market as the largest independent marketing technology vendor at the cutting-edge of innovation and delivering strong business results,” said David Yuan, General Investment Partner. “Additionally, we had an exciting year of talent growth, including the hiring of Ahmed Rubaie as CFO, a technology veteran and a seasoned executive with a track record in scaling businesses.”
Sitecore is the global leader in customer experience management. The company delivers highly relevant content and personalized digital experiences that delight audiences, build loyalty and drive revenue. With the Sitecore® Experience Platform™, marketers can own the experience® of every customer that engages with their brand, across every channel.
For more information, visit: https://www.sitecore.com
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