Expanded Client Roster and Industry Accolades Underscore Growing Demand for Actionable Insights Derived from Social Media Data
BELLEVUE, Wash. – Visible Technologies, a leading provider of social media monitoring and engagement solutions, announced significant sales growth, as well as renewed funding by existing investors, signaling the broad acceptance of companies to better manage their online reputation by harnessing the power of social media. Wide support for Visible Technologies’ solutions suite, combined with its commitment to helping brands adopt new ways of gaining real-time actionable insight derived from online conversations is demonstrated by the company’s numerous achievements this year, including:
• Achieved more than 60 percent year over year revenue growth.
• Signed 24 Fortune 1000 companies to its client roster in Q3, including Xerox and Autodesk.
• Raised an additional $2 million from existing investors today, bringing its funding to date to a total of $23.5 million.
• Recognized with numerous industry accolades:
◦Identified as one of the nation’s fastest growing companies by Inc. magazine, as #170 on the Inc. 500 List.
◦Named a “Rising Star” of CRM magazine’s 8th annual CRM Market Awards.
◦Honored with the 2009 Industry Achievement award for “Commercial Product or Service of the Year” by the Washington Technology Industry Association.
◦Cited as a “strong performer” with a “strong technology backbone” in the January 2009 report, “The Forrester Wave: Listening Platforms, Q1 2009.” Additionally recognized in the report as “the vendor best positioned to extend social media analysis data and attributes into CRM systems.”
◦Recognized for the second year in a row as a Top 100 Fastest-Growing Private Company in Washington state by the Puget Sound Business Journal.
• Launched a full service solutions suite to meet the diverse needs of marketers and address the challenges presented to both SMBs and enterprise organizations by social media conversations:
◦Extended its truCAST engine and renamed products within the truCAST Suite to enable brands to break down organizational silos by aggregating real-time social intelligence on one platform.
◦Broadened its on-demand social media monitoring functionality throughout the truCAST Suite with the introduction of truPULSE.
◦Introduced truREPUTATION, a full suite of online reputation management services that provides individuals and corporations with an effective way to comprehensively manage their reputation in search engine results.
Supporting Quote
“The growth Visible Technologies has seen this year is not just exemplary of an increase in the demand by marketers and communicators to harvest actionable insight from the broad expanse of social media conversations. It’s also demonstrative of the innovative technology we’ve developed to help our clients listen, learn and engage online with consumers. It’s been an incredible year for the company and we’re expecting continued growth in new markets as enterprises learn that regardless of vertical, every company should and can be managing their reputation online.” – Dan Vetras, CEO of Visible Technologies
About Visible Technologies
Visible Technologies helps companies like Microsoft, Hormel and Xerox listen and learn what consumers are saying about them online and enables individuals to manage and protect their online reputations by helping brands to engage in the right conversations with the right influencers at the right time. With real-time business insight and response powered by the industry-leading truCAST technology platform, companies build relationships with customers, bolster their brands and grow revenue. For more information, go to http://www.visibletechnologies.com, or follow the blog at http://www.visinsights.com.
