Eloqua Named to JMP Hot 100: Best Privately Held Software Companies List
Industry’s Preeminent Marketing Automation Provider Continues Rapid Growth
VIENNA, VA (May 18, 2009) –
-Eloqua, the category-defining leader in marketing automation, today announced it was named among the top software companies on the JMP Securities’ “Hot 100: The Best Privately Held Software Companies” list. The list was compiled by the software research team at JMP Securities, a full-service investment bank based in San Francisco, CA and a subsidiary of JMP Group Inc. (NYSE: JMP).
“The honor of being recognized by JMP coupled with the tremendous success Eloqua experienced in the first quarter of 2009, demonstrates we have the right plan and the right product at the right time,” said Joe Payne, CEO, Eloqua. “The fact that we were able to achieve profitability in such a difficult economy is a great testament to the value that Eloqua delivers. In times like these, customers look to vendors with the experience, financial strength, and the tools needed to solve their problems today and tomorrow.”
JMP will be hosting its Eighth Annual JMP Securities Research Conference in San Francisco, May 18-20, 2009. Eloqua’s Joe Payne has been invited to speak at the conference on the importance of reading the digital body language of sales prospects on May 19th at 2:00 PM at the Ritz-Carlton.
The JMP Hot 100 honor follows on a record first quarter for Eloqua. The company surpassed a major milestone in the first quarter of 2009 by achieving profitability. The company also signed on 44 new customers, strengthened its leadership team, continued production innovation and forged new paths in category best practices.
Highlights of Eloqua’s first quarter include:
* Achievement of positive cash flow position while increasing its revenues to $33 million in 2008, a 58% increase over 2007;
* Increase in customer base to more than 500, with 44 new customers including industry leaders Fluke Networks, NetApp, PMI Group, Vignette and Vistage International;
* Growth of global leadership team with the addition of Bijan Bedroud as vice president of sales for EMEA and Sarah Reed as head of global communications;
* Announcement of two key partnerships with I.B.I.S. and Omniture, demonstrating the ability to tie-in with important CRM platforms and scale to fit a wide range of companies from SMBs to global organizations.
About Eloqua
Eloqua helps clients dramatically accelerate revenue growth through Revenue Performance Management. Eloqua provides powerful business insight to inform marketing and sales decisions today that drive revenue growth tomorrow. The company’s mission is to make its customers the fastest growing companies on earth. Thousands of users rely on the power of Eloqua to execute, automate, and measure programs that accelerate revenue growth. Eloqua’s customers include Adobe, AON, Dow Jones, ADP, Fidelity, Polycom, and National Instruments. The company is headquartered in Vienna, Virginia, with offices in Toronto, London, Singapore and throughout North America. For more information, visit www.eloqua.com, subscribe to the It’s All About Revenue blog, call 866-327-8764, or email demand@eloqua.com.
Source: Eloqua