Growing Market Demand Accelerates Momentum for GoodData in Q2 2013
SAN FRANCISCO – August 1, 2013 – GoodData, the leader in cloud business intelligence, today announced strong growth in Q2 2013, including a 102 percent increase in revenue compared to the same period last year. GoodData also closed a $22 million Series D round, added 10,000 new active companies, signed its first seven-figure deal and opened up access to the markets of 26 new countries.
Notable new and expanded customers include: BazaarVoice, Delivery Hero, GitHub, Klarna, Phizzle, Prezi, Redfin, Scanbuy, SendGrid, Service Channel and Switchfly.
GoodData continues to meet growing market demand for simple, powerful and secure cloud-based business intelligence apps. In Q2 2013, the company increased the number of its six-figure annual contracts and rolled out new PoweredBy GoodData partnerships, doubling the number of total Monthly Active Companies (MAC).
Additionally, GoodData raised $22 million in a Series D round led by TOTVS Ventures, of Sao Paulo, Brazil, opening up access to the markets of 26 Latin American countries. With this latest round, the company has raised a total of $75.5 million. GoodData will use the funding to significantly increase headcount, expand globally as well as increase investments in R&D and marketing.
"The growth we've experienced so far this year is phenomenal and we're well on our way to exceed expectations for 2013 in terms of product innovation and business expansion," said Roman Stanek, CEO and founder of GoodData. "It's a virtuous cycle. With GoodData, customers transform their data insights into immediate advantage. This drives the growth of our company and pushes us to rapidly innovate on the most scalable, secure and customer-oriented cloud BI solution in existence."
GoodData is on a mission to break data silos. Flexible, open, secure, and scalable, GoodData’s leading data and analytics platform provides standardized metrics and real-time analytics across organizations and to their customers. To this day, GoodData has helped more than 140,000 of the world’s top businesses deliver on their analytics goals and scale their use cases — from self-service and embeddable analytics to machine learning and IoT.
GoodData is headquartered in San Francisco and is backed by Andreessen Horowitz, General Catalyst Partners, Intel Capital, TOTVS, and others. For more information, visit GoodData's website, and follow GoodData on LinkedIn, YouTube, Medium and Twitter.
Senior Director, Demand Generation