Hippo announces record growth in first quarter, with major wins in North America
With several major clients signed, and key partnerships concluded, 2014 is off to a great start. With first quarter subscription bookings up 91% compared to Q1 2013, this has been the most successful in the company’s history.
With new clients including ACM and Couchbase as well as several clients in the financial services, publishing, manufacturing and software industry, Hippo has seen rapid expansion in North America. The company has also experienced excellent growth in the European market. New clients include Internet behemoth 1&1, the Finnish Lottery (Veikkaus) and Hitachi Capital. Hippo’s recent success in North America has led to an expansion of Hippo’s North American Sales Team. As growth continues consistently into the second quarter, the outlook for 2014 remains strong.
“We’re thrilled to see such a positive response to Hippo CMS in both Europe and North America” remarks CEO Jeroen Verberg, “The ability to deliver personalized experiences to customers clearly resonates with the business and our open platform is regarded highly by technical decision makers in the enterprise.”
Not only is Hippo’s client base expanding, its community of users and developers is strengthening—the company’s annual event, the Hippo GetTogether, had its highest attendance to date in 2014. “It’s great to see such enthusiasm within the Hippo community” says Verberg, “decision makers see the business value of Hippo CMS, but just as importantly, end-users and developers are excited about working with it.” This recent success coincides with the launch of Hippo CMS 7.9, which has been received positively by both business and IT users for its intuitive usability and easily adaptability into existing technical environments. “We’re proud to see that major brands and organizations are taking commercial open source seriously for its technical quality, agility and integration capacity” says Verberg, “we are confident that 2014 will be a stellar year for us.”