SAN FRANCISCO, CA--(Marketwired - Feb 18, 2014) - Cloudwords, the first cloud-based marketing globalization platform, announced today the appointment of Frank Lee, Vice President at UMC Capital, and Todd McKinnon, CEO and Co-founder of Okta, as new members of its Board of Directors. The appointments come on the heels of record company growth and accelerated momentum for Cloudwords. In the last quarter, the Company has doubled its staff while adding a significant number of new customers following enhanced integration capabilities announced in 2013. In addition, the Company experienced a nearly 200 percent increase in localization projects managed by its platform, and a 135 percent increase in user growth in the last year. To accommodate growth and meet demand, Cloudwords tripled its office space when the Company moved its headquarters to a new location in San Francisco's Financial District.
"Cloudwords' growth underscores marketers' demand for a faster, easier and more scalable approach to localization of the massive amounts of content and campaign material they're producing. As the only marketing globalization platform available, growth-seeking organizations are turning to us to help them reach more markets faster and more effectively; increase global market share; and capture all available revenue opportunities across the world. As we continue to establish our role as the globalization partner of record for enterprise organizations, we're fortunate to have Frank and Todd join our board to offer their guidance and expertise," said Scott Yancey, CEO and Co-founder of Cloudwords.
Cloudwords' growing customer base includes A10 Networks, Beechcraft Corporation, Genesys, Lancope Inc., and Tangoe. They join global brands such as Honeywell, McDonald's, Shazam, Marketo, Life Technologies, Verisign, and Palo Alto Networks in trailblazing a better approach to reaching multilingual audiences. The increase in new customer wins follows recently announced pre-built integration capabilities with Marketo, the leading cloud-based marketing automation platform. In September, Cloudwords became the first content localization application to deliver integration capabilities for Marketo, enabling marketers to leverage the Cloudwords application to localize all campaign content and assets, providing significant time- and cost-savings for global marketing teams. Cloudwords had previously announced pre-built integrations with Adobe Experience Manager, Drupal, and other enterprise content systems.
The addition of McKinnon and Lee, both veterans of the cloud and enterprise solutions industries, to the Board of Directors further strengthens Cloudwords' position as the leading cloud-based marketing globalization application for enterprise organizations. At UMC Capital, Lee is responsible for investments in the U.S. and actively invests in the storage, cloud, mobile and enterprise software markets. In addition to Cloudwords, Lee is also a member of the board at Alpine Data Lab and serves as board observer for his other investments. As CEO of Okta, McKinnon has provided vision and leadership to grow the industry's leading cloud-based identity management platform. Prior to co-founding Okta, McKinnon served as Head of Engineering at salesforce.com and also held leadership roles at PeopleSoft.
"Cloudwords solves a long-standing challenge for companies trying to streamline the localization process in order to reach global markets faster," said McKinnon. "Their marketing globalization platform is unprecedented in its ability to help customers cost-efficiently increase global market share and revenue. I look forward to my role as board member as Cloudwords builds on its success and expands its market leadership."
"Cloudwords has already generated impressive results and is uniquely positioned to capitalize on the growing demand for software that optimizes the localization process and integrates with the platforms marketers are already using to create and manage their content. The Company's proven track record and ongoing dedication to customer success ensures its status as a leader in this market," said Lee. "I'm honored to be a part of this visionary team."
McKinnon and Lee join current influential board members, including Marc Benioff, Chairman and CEO of salesforce.com; Tae Hea Nahm, Managing Director of Storm Ventures; Michael Meinhardt, Co-founder and Chief Customer Officer of Cloudwords; and Scott Yancey, Co-founder and CEO of Cloudwords.
Cloudwords accelerates content globalization at scale, dramatically reducing the cost, complexity and turnaround time required for the localization of all marketing content. Cloudwords' enterprise-ready cloud-based software enables organizations to go global faster, engage multilingual audiences more efficiently, and generate increased demand and revenue in less time. Delivering strategic integration capabilities for all leading marketing automation and content management systems, Cloudwords is an integral partner in the localization process for Fortune 500 and Global 2000 companies worldwide, including Honeywell, Marketo, McDonald's, Shazam and Verisign. Headquartered in San Francisco, Cloudwords is backed by Storm Ventures and Cloud computing visionaries such as Marc Benioff, founder of salesforce.com. Visit www.cloudwords.com for more information and join the global conversation on Twitter @CloudwordsInc.