InsideView Annual Revenue Nearly Triples in Breakout Year
Sales 2.0 Leader Defies Recession, Grows 273 Percent Throughout 2009
SAN FRANCISCO, CA--(Marketwire - February 2, 2010) - InsideView today announced its 2009
growth numbers, trumping the worst economic downturn in decades with a 273
percent increase in revenue. During 2009, InsideView announced multiple
record quarters, a premier partnership with NetSuite, multiple industry
accolades, the launch of the Smart Cloud and Buzz Tab and additional
integrations of comprehensive social intelligence from Twitter, Facebook
Success in a Recession
InsideView's momentum in 2009 was foreseen as The New York Times reported on the need
for technologies like InsideView during the bleak downturn: "As companies
continue to put the brakes on expenditures and reduce staffs, maximizing
efficiency becomes even more essential for businesses looking to weather
the recession." SalesView now boasts more than 26,000 end users.
In May 2009, InsideView was named to the JMP Securities Hot 100 List of
best privately held software companies.
InsideView's success was shared by its customers. The company was recently
part of a 2009 Q4 independent study by research firm Aberdeen Group, which reported that
InsideView customers outperform their non-user counterparts by 27 percent
as measured by indicators in quota achievement, conversion and win/loss
rates and overall revenue performance. The full Aberdeen Analyst Insight
report can be found here.
Success with all CRMs
Throughout 2009 and into 2010, SalesView continues to be the model for
building a successful CRM offering. Last year, NetSuite chose InsideView as
a premier partner in its social CRM launch, as
well as its new social ERP initiative. SalesView is
the only application delivering social intelligence natively within
SalesView also continues to be the
highest-rated application at the salesforce.com AppExchange, a nod to
the application's convenient integration and massive productivity results
across the landscape of small to large enterprises.
InsideView, an Oracle® PartnerNetwork and Oracle CRM On Demand Inner
Circle member, also announced significant enhancements to its integration
of SalesView with both Oracle CRM On Demand and Siebel CRM applications, in
support of Oracle's Social CRM initiative.
Success with Social Media
InsideView's integration of intelligence from Twitter and other social
media sites also significantly impacted businesses in 2009, filtering
relevant business data from traditional and social media sources into
social business intelligence, helping companies develop a better knowledge
base on potential sales leads.
InsideView CEO Umberto Milletti was featured in a November Forbes column focused on tracking social
media for business: "[SalesView] enables a sales person who is evaluating
which leads to pursue, to make better decisions by seeing more information
on the background and context of the company."
Further, InsideView was named alongside Google and Facebook by CRM Magazine as
a "Rising Star" in companies pushing the boundaries of social CRM.
"InsideView's growth in 2009 is a testament to both our leadership in
social intelligence and Sales 2.0 technology, as well as the need for
companies whose innovations bring relevant and actionable Cloud-based
applications to the enterprise," said Milletti. "SalesView is a premier and
accessible solution for sales teams to improve their productivity and
overall performance. We are extremely proud of our success in 2009, and
look forward to continuing our rapid growth in 2010."
InsideView is a Sales 2.0 leader, bringing intelligence gained from social
media and traditional editorial sources to the enterprise to increase sales
productivity and velocity. InsideView's award-winning sales intelligence
solution, SalesView, continuously aggregates and analyzes relevant
executive and corporate data from thousands of content sources to uncover
new sales opportunities. SalesView delivers this intelligence natively
within CRMs and mobile devices for optimum usability. The San
Francisco-headquartered company was founded in 2005 and is venture-backed
by Emergence Capital Partners, Rembrandt Venture Partners and Greenhouse
Capital Partners. InsideView's products are used by more than 26,000 sales
professionals and over 2,000 companies worldwide, including Adobe, BMC,
CapGemini, IBM, Polycom and VMWare. InsideView's CRM partners include
Salesforce.com, SugarCRM, NetSuite, Microsoft and Oracle. For more
information, visit http://www.insideview.com.