Tableau Software Doubles Sales and Customer Base

SEATTLE, July 13 /PRNewswire/ -- Tableau Software, the global leader in rapid-fire business intelligence software, today announced its first half 2010 sales figures, showing a 106 percent increase over the same period last year.  In fact, Tableau has achieved record sales in 21 of the last 22 quarters. As one of the fastest growing software companies in the country, Tableau plans to hire 100 people in the next 12 months, doubling its workforce to maintain a quick pace of progress and innovation.

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"There has always been a strong need for companies to demystify their business data," said Christian Chabot, CEO and co-founder of Tableau Software. "Tableau figured out how to serve that need back in 2003, and we haven't looked back. We're poised to make rapid-fire business intelligence mainstream. Tableau is enabling Fortune 500 companies, nonprofits, and startups alike to save time and reduce their frustrations associated with data analysis. Our client list is growing daily."

Today, Tableau released sales and employment figures as of second-quarter 2010. Current statistics include:

• 106 percent sales growth from first half 2009 to first half 2010.
• More than 5,000 clients, including Apple, the Dallas Cowboys and UNESCO. New clients this year include Zynga, Vanguard Health Systems and Logitech.
• Revenues last year grossed $20 million.
• The company currently employs 136 people, up from 100 at the beginning of 2010.  The continual growth has generated 100 new job openings at the Seattle-based office to be filled in the next 12-18 months.
• Analyst firm Gartner named the company a "Challenger" in its 2010 Magic Quadrant for Business Intelligence Platforms.
• 2010 awards include: Stevie Award winner, CODiE Award winner, MCDM Digital Disrupter Award winner, Puget Sound Business Journal's 2010 Best Places to Work finalist.

Tableau was spun out of Stanford University in 2003 and run as a labor of love out of Chabot's bedroom before becoming the fastest growing analytics company in the nation. In 2004, Tableau raised $5 million in venture capital after catching the eye of Scott Sandell, a partner at leading VC firm NEA and a member of Forbes' Midas List. Tableau went on to sign up global OEM partner Hyperion, positioning the company as an emerging startup not to be ignored. The following year marked the first of six consecutive years of record growth, which has continued into 2010. In 2008, the company raised $10 million in a second VC round, again from NEA who took the entire round.

Tableau's products provide business analytics that are quick to deploy and easy to use—a formula meant to relieve businesses from the complexity and rigidity of traditional business intelligence platforms. Tableau users can connect to virtually any data source and rapidly create interactive dashboards and visualizations, which can be shared across their organization.

About Tableau Software

Tableau Software is the leading provider of fast analytics and data visualization software. Ranked by Inc. Magazine as one of the 500 fastest growing U.S. companies and one of the 25 fastest-growing software companies, its award-winning business intelligence applications can be downloaded at http://www.tableausoftware.com/trial. They enable anyone to easily create and share interactive data visualizations, dashboards and analytics, and they can scale to organizations of any size or reach. For more information, please visit http://www.tableausoftware.com.

SOURCE Tableau Software

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