Act-On Achieves 11th Consecutive Quarter of Growth in Q3 2012
Between new funding and record growth, it’s been an exciting quarter here at Act-On Software! During the third quarter, our revenues were over 289% of revenues during the same period last year, making it the 11th consecutive quarter of sequential growth. And in September, we raised $16M in Series D funding to fuel our rapid penetration in the market.
However, our success in Q3 wasn’t based on funding or market opportunity alone. As our founder and CEO, Raghu Raghavan explains:
“The capability of our platform, coupled with the focus and dedication of our employees, is enabling us to take advantage of the large, untapped market opportunity in front of us.“
Here are some of the highlights from our last quarter:
- Customer Momentum
In Q3 2012 we acquired 280 new customers, bringing our total number of customers to over 1,100.
- Partner Momentum
In August, we launched the Act-On Partner Exchange (APEX) program to enable technology, agency and referral partners access to the Act-On ecosystem. In just two months, the APEX program has gained traction, growing to over 80 partners.
- Notable Event Appearance
In September, we exhibited at Dreamforce, making an impression on the attendees with our competitive marketing tactics, and informative booth that showcased advanced marketing automation capabilities.
- Expansion of the Team
Our employee base grew by over 188% over the same period last year in all major functional areas. Act-On now employs over 125 people.
- Industry Recognition and Awards
Act-On and its employees continue to be recognized as leaders in the industry. In July, Act-On CEO Raghu Raghavan, was named to BtoB Magazine’s Who’s Who In 2012, and in September, Act-On won the OEN Tom Holce Entrepreneurship Award for Working Capital Stage Company of the Year 2012.
Ready to close out the year strong? Contact us to learn more about how Act-On can help propel your next quarter results. We’d be honored to add you to our ever-growing Act-On family!