RJMetrics Announces Record Revenue Growth in Q1 2014
Achieves 114% quarter-over-quarter growth in new revenue driven by product innovations and team expansion.
Philadelphia, PA (PRWEB) April 02, 2014
RJMetrics, a leading SaaS business intelligence provider, today announced strong growth in Q1 2014, including a 114% increase in new revenue compared to the previous period. The company achieved unprecedented growth in its customer base, now counting more than 250 of the world’s fastest-growing online businesses as customers.
This quarter also saw continued innovation on the RJMetrics platform. The company unveiled a powerful Data Import API that allows clients to pass unlimited amounts of data to its hosted warehouse. The API is already facilitating a vibrant ecosystem of data connectors. Support for services like Google AdWords, Shopify and Magento have already been released, and many others are in development by both RJMetrics and third-party developers.
The company expects further rapid innovation heading into Q2 as it continues to invest heavily into development of its platform.
The company continued to expand its team in Q1, increasing headcount by 30% to more than 50 team members. In February, RJMetrics relocated its headquarters to Philadelphia’s historic Widener Building, tripling its office size in anticipation of further growth. Philadelphia Mayor Michael Nutter joined the team for the ceremonial ribbon cutting.
"The growth we've experienced so far this year is outstanding, and we are just getting started," said Robert J. Moore, Co-Founder and CEO of RJMetrics. “We are executing on our core mission of inspiring and empowering data-driven people by working with an ever-growing number of successful online businesses and meeting the explosive market demand for cloud-based business intelligence. This puts us in an excellent position to continue our momentum through 2014 and beyond.”
RJMetrics is the cloud business intelligence platform of choice for many of the fastest-growing online businesses in the world, including Poshmark, Hootsuite, Threadless and more. It provides business users with an easy-to-use, hosted solution to drive growth through smarter decision-making. For more information on RJMetrics, read the blog, visit the website, and follow them on Twitter.
For the original version on PRWeb visit: http://www.prweb.com/releases/2014/04/prweb11725718.htm