DotNetNuke Corp. Continues Explosive Growth in First Half of 2010

Fastest Growing Open Source Web CMS Ever Approaches 800 Product Subscription Customers, 33,000 Marketplace Customers, 400% YOY Growth, and 600,000 Production Web Sites; Receives Industry Recognition From Leading Analyst Firm, AlwaysOn, CRN, and Red Herring


SAN MATEO, CA--(Marketwire - June 29, 2010) -   DotNetNuke Corp. (http://www.dotnetnuke.com), the company behind the most widely adopted Web Content Management Platform for Microsoft .NET, today announced explosive growth in the first half of 2010. The company's worldwide customer base for the DotNetNuke Professional and Elite Editions more than doubled since the end of 2009 to nearly 800. The company's customer base for Snowcovered.com, the online marketplace for third-party DotNetNuke add-ons, grew to nearly 33,000 members with more than 16,000 customers completing purchases during the first half of 2010. The DotNetNuke Corp. Partner Program membership doubled since the end of 2009 to more than 90.

The free, open source DotNetNuke platform continued its strong growth and now powers more than 600,000 production websites worldwide with nearly 800,000 registered DotNetNuke community members. Awards from AlwaysOn, CRN, and Red Herring validate DotNetNuke Corp.'s leadership position in the web CMS market. Additionally, DotNetNuke Corp. was recently recognized by Gartner as a "Cool Vendor." The extraordinary growth has prompted the company to use its February 2010 infusion of $8 million in Series B funding to expand its products, partner and training programs, leadership team, and office space.

News Highlights

  • DotNetNuke Corp. was named an AlwaysOn OnDemand 100 winner, a CRN 2010 Emerging Vendor, and a Red Herring North America 100 Finalist.
  • DotNetNuke Corp. was named a Cool Vendor for Web Content Management* by Gartner. 
  • DotNetNuke Corp. released the 5.3 and 5.4 versions of the DotNetNuke ProfessionalEliteElite Premier and Community Editions in the first half of 2010. The new releases leverage the ease-of-use and affordable extensibility of the DotNetNuke open source core to deliver business value for customers and partners building and managing websites built on Microsoft ASP.NET. New Professional and Elite Edition features include a powerful document management solution, tighter integration with the Telerik RadControls for ASP.NET AJAX toolset, and an enhanced content approval workflow engine that enables greater control of website changes.
  • Snowcovered.com, DotNetNuke Corp.'s online marketplace where developers sell add-ons for the DotNetNuke WCM platform, completed nearly 24,000 transactions to more than 16,000 customers in the first half of 2010.
  • The number of partners in the DotNetNuke Partner Program, with 92 certified partners, has doubled since the end of 2009. 
  • DotNetNuke Corp. partnered with Engage Software to provide extensive new training materials and establish a training group that offers live and recorded webinars and onsite training for users worldwide.
  • DotNetNuke announced several executive promotions and welcomed new team members, including Chris Hammond, director of training and former Master Trainer for Engage Software. A number of employees were promoted in the first half of 2010 including Shaun Walker, now Co-Founder and CTO, Terry Erisman, promoted to VP of Product Marketing, and Rob Chartier, now VP of Engineering.
  • To accommodate DotNetNuke Corp.'s rapid expansion, the company moved its headquarters to a new, larger facility at 155 Bovet Road, Ste. 201, San Mateo, Calif., 94402. To accommodate growth of the engineering and customer support groups, the company also moved its Canadian operations to a new, larger facility at 211-9440 202nd Street, Langley, BC, V1M 4A6, Canada. Other addresses remain the same: Twitter.com/dnncorp; DotNetNuke blogs; and the DotNetNuke Community LinkedIn Group.
  • Shaun Walker, Co-Founder and CTO of DotNetNuke, delivered a highly rated presentation at the Gilbane Conference in San Francisco, as well as a keynote address at European Day of DotNetNuke. In November Walker will speak at KMWorld 2010 and keynote at the fourth annual DotNetNuke Connections track at DevConnections 2010; registration for both events is currently open. A full agenda for DotNetNuke Connections is available online.

*Gartner, Inc. Cool Vendor in Content Management, 2010, Toby Bell et al, April 22, 2010.

Quotes

Navin Nagiah, President and CEO at DotNetNuke Corp.
"DotNetNuke Corp.'s explosive growth in customers, partners and recent industry and award accolades are evidence of the outstanding potential of this business. DotNetNuke Corp. has proven to be the fastest growing open source Web CMS company ever. In just over one year, we've rocketed to nearly 33,000 total customers and we sold more Professional and Elite Edition subscriptions in the first half of 2010 as we sold in all of 2009. We expect to grow total revenues nearly 400% from 2009 to 2010 and look forward to the remainder of this year as we launch new products, host the DotNetNuke Connections conference, and continue to grow the Snowcovered.com marketplace."

Larry Augustin, Leading Open Source Investor and DotNetNuke Corp. Board Member
"In only 18 months DotNetNuke has seen phenomenal customer and partner traction: 800 Subscription customers, 33,000 Snowcovered.com customers, and 100 Partners. DotNetNuke is one of the most exciting open source projects and companies that I have had the privilege to work with. I have been a backer, supporter and adviser to DotNetNuke since 2006, and continue to believe in their potential to have a large and sustainable positive impact as an open source company in the Microsoft Ecosystem."

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About DotNetNuke Corp.

DotNetNuke Corp. is the steward of the DotNetNuke open source project, the most widely adopted Web Content Management Platform for building web sites and web applications on Microsoft .NET. Organizations use DotNetNuke to quickly develop and deploy interactive and dynamic web sites, intranets, extranets and web applications. The DotNetNuke platform is available in a free Community and subscription-based Professional, Elite and Elite Premier Editions. DotNetNuke Corp. also operates Snowcovered.com where users purchase third party software apps for the platform. Founded in 2006 and funded by Sierra Ventures, August Capital and Pelion Venture Partners, DotNetNuke Corp. is headquartered in San Mateo, Calif. For additional information, visit www.dotnetnuke.com.

DotNetNuke® and DNN® are registered trademarks of DNN Corp. All other registered and unregistered trademarks in this document are the sole property of their respective owners.

Contact Information:

Press Contacts
Brigit Valencia
Eastwick Communications
360-597-4516
DNN@Eastwick.com

Terry Erisman
DotNetNuke Corp.
650-288-3159
Terry.Erisman@DNNCorp.com