BOSTON, Nov. 15, 2018 /PRNewswire/ -- Salsify, the only product experience management (PXM) platform that lets brands deliver compelling shopping experiences across every digital touchpoint, today announced it ranked 24th on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Salsify revenues grew 4,896 percent during this period.
In 2018 alone, Salsify's customer base has increased by 60 percent year-over-year, with global brands like Mars, 3M, SC Johnson, and L'Oréal Group now using Salsify PXM software. Salsify recently opened a European office to further support this ongoing growth across international brands.
"For years, Salsify has invested in functionality that directly addresses what brand manufacturers need to succeed in a rapidly changing ecommerce landscape," said Jason Purcell, Salsify CEO. "This focus on driving real value for the brands we work with is the reason we are now the fastest growing software company in Massachusetts. We are grateful for the trust that our rapidly expanding customer base has placed in us to help fuel their digital transformation. This has been the driver of our growth, and will continue to fuel our expansion in the future."
Overall, 2018 Technology Fast 500™ companies achieved revenue growth ranging from 143 percent to 77,260 percent from 2014 to 2017, with median growth of 412 percent.
About Deloitte's 2018 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2014 to 2017.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Salsify
Salsify is the world's leading Product Experience Management (PXM) platform. We empower brand manufacturers to accelerate digital growth by delivering the product experiences consumers demand anywhere they choose to shop online. Salsify's platform combines the power of PIM and DAM capabilities, the industry's broadest commerce ecosystem, and actionable insights to orchestrate compelling product experiences through every digital touchpoint. The world's biggest brands including Coca-Cola, Bosch, GSK, Rawlings, and Fruit of the Loom use Salsify every day to stand out on the digital shelf. To date, Salsify has raised a total of $98.1 million in funding, led by Greenspring Associates, Underscore VC, Venrock, Matrix Partners and North Bridge.
For more information, please visit: http://www.salsify.com.
Media Contact
Andrew Waber
Media Relations at Salsify
[email protected]
SOURCE Salsify
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