|By Marketwired .||
|May 26, 2010 02:00 PM EDT||
SAN MATEO, CA -- (Marketwire) -- 05/26/10 -- Genius.com Incorporated®, ranked No. 1 in marketing automation and a leading on-demand provider of B2B sales lead management and demand generation solutions announced today that it had grown its revenue over 80 percent year over year, for the quarter ending April 30, 2010, continuing its high-growth trend in the very competitive marketing automation and B2B email marketing categories. Moreover, the company demonstrated its leadership in the space by achieving the highest level of customer success, as reflected in its extraordinarily high customer renewal rate of 98%. The company said it plans to achieve profitability this year resulting from the combined effect of high revenue growth, low customer churn, and streamlining of operations. Sam Weber, previously the VP of Customer Success and Services at Genius.com, has been appointed VP of Sales and Services to run both sales and customer success to support the company's ongoing performance objectives.
For the latest quarter, Genius posted 120+ wins for a record fifth consecutive quarter and added 50 new customers during the period. New customers include: ABC Financial Services, Hospital Housekeeping, Message Systems, Netmotion Wireless, PeopleNet Communications and Twin America. "Customers just love Genius and keep coming back for more," noted Genius.com CEO and Co-founder, David Thompson. "Genius has distinguished itself with industry-leading renewal rates and overall customer satisfaction levels achieved by unparalleled performance, usability and customer service."
"Corticon recently renewed our contract with Genius, which is core to all our campaigns: the foundational tool that facilitates every sort of outreach, from the casual outreach around program maintenance to the very focused and targeted campaigns as well," said Michael LaPointe, Manager of Business Development. "At this point I cannot imagine life without Genius."
"In spite of economic Armageddon last year, with Genius we met our inside sales and marketing generated pipeline goals and most importantly exceeded quota," said York Baur, CMO, The TAS Group
"Our customer and business success reflects the enormous impact that Sam Weber and his team have had as we quickly move toward profitability," continued Thompson. "I'm very pleased to announce that Sam will now be heading both sales and services as we integrate those efforts for even greater customer success."
"The biggest question facing marketing automation customers today is which vendor can provide both great products combined with great service to deliver provable results for sales and marketing," said Sam Weber, VP of sales and services at Genius. "Genius has proven itself as the customer success leader which is reflected by our Number 1 ranking on the Salesforce Appexchange and our impressive Net Promoter scores. Genius delivers same day deployments and 'one week to success' service levels on all our marketing campaigns for the quickest time to value of any marketing automation vendor."
Genius.com is the No. 1 provider of social marketing automation, sales lead management and demand generation solutions that enable both marketing and sales users to quickly identify and connect with their best prospects, without IT. With hundreds of corporate customers who use Genius solutions to automate email marketing and lead nurturing campaigns, B2B marketers are proving their impact on revenue by delivering the most qualified leads directly to their frontline sales reps, so they can immediately follow-up on their best opportunities and close more deals.
Genius.com is a privately held company funded by Accel Partners, Deep Fork Capital, Emergence Capital, Mohr Davidow Ventures, and Walden International, with headquarters in San Mateo, CA. For more information, visit http://www.genius.com or email Info at Genius.