Quantivate Announces 2011 Growth Numbers

Quantivate Announces 2011 Growth Numbers

February 07, 2012 09:02 am

Quantivate Experiences Impressive 2011 Growth 

Woodinville, WA February 7th 2012—Quantivate, a leading provider of cloud-based Business Continuity, Vendor Management, Risk and Compliance software and services, today announced today record revenue growth last year, making it the company’s sixth consecutive year of growth.

“2011 was a break out year for Quantivate,” said Quantivate Founder and CEO Andy Vanderhoff. “In 2011, we saw the company grow at unprecedented levels, we released three new software solutions, and added new clients in multiple industries. “As we expand our solution offering to include additional applications and add even more innovative capabilities to our solutions we remain committed to deliver software and services that meet our customers’ business needs and exceed their expectations.”

Vanderhoff went on to note that Quantivate’s exceptional performance in 2011 appears to have laid the foundation for even greater success in 2012. “This is a very exciting time for Quantivate customers, employees, and partners as we build on our successes from 2011. We’re already off to a great start with the addition of several new clients during the month of January.”

Included in Quantivate’s list of accomplishments in 2011:

  • 50% growth in Sales Revenue
  • 45 new customers
  • 40% growth in product engagements
  • Doubled employee head count with plans for continued growth
  • Moved to new larger corporate headquarters in Woodinville, WA
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