SOURCE: Cloudwords

Cloudwords

June 19, 2013 12:00 ET

Cloudwords Named to JMP Securities Hot 100 List of Best Privately Held Software Companies

Translation Management Leader Noted Among the Best of the Best Privately Held Software Companies for Product Excellence and Growth

SAN FRANCISCO, CA--(Marketwired - Jun 19, 2013) - Cloudwords, the first cloud-based translation management application, announced today it has been named to the JMP Securities "Hot 100: The Best Privately Held Software Companies" list. Chosen yearly based on multiple criteria including financial growth, products and services, quality of leadership, customers, and market potential, the list profiles 100 of the leading private companies in the software industry as identified by the software research team at JMP Securities. Cloudwords is recognized alongside many industry software leaders who are delivering solid financial growth, innovative products and services, quality leadership, and customer success.

"As we continue our impressive growth and innovation to transform the translation management market, it is increasingly clear that we are on a path that is successfully disrupting a huge marketplace," said Michael Meinhardt, CEO and Co-founder of Cloudwords. "We will continue to build on this momentum as the world's largest organizations continue to turn to our platform to translate for their future."

Customers who use Cloudwords reduce their translation costs by more than 40 percent, and complete translation processes more quickly than ever before possible. Translation projects that used to take several months can now be completed in several weeks if not days. Cloudwords customers include Coupa Software, Marketo, Groupon, Honeywell, LifeTechnogies, Verisign and Shazam Entertainment, among others.

The JMP "Hot 100" listing complements a growing collection of honors and awards for Cloudwords. Engage with Cloudwords by visiting www.cloudwords.com.

About Cloudwords
Cloudwords revolutionizes the way global companies think about their multilingual content strategy and execution. Through an intuitive customer-centric interface and a secure cloud infrastructure, Cloudwords delivers an application for business users to accelerate their translation process, manage vendors, and leverage data. Created by veterans of the translation industry and high-tech leaders from Salesforce.com, the company is backed by Storm Ventures and Cloud visionaries such as Marc Benioff. For more information on Cloudwords, please visit Cloudwords.com or join the global conversation on Twitter @cloudwordsinc.

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