SOURCE: Gigya

Gigya

January 05, 2015 13:48 ET

Gigya Ends 2014 With Foothold on Global Customer Identity Management Market

With $104 Million in Total Funding and New Chief Marketing Officer, Company Focused on International Expansion

MOUNTAIN VIEW, CA--(Marketwired - Jan 5, 2015) -  Gigya, the leader in Customer Identity Management, today announced that the company's international customer base grew at its fastest pace ever. During the year, nearly 50 percent of Gigya's new customers came from outside of the U.S. and accounted for almost half of the company's new bookings. During the course of the year, Gigya opened two international offices to support global growth in Melbourne, Australia and Singapore, in addition to existing international offices in London, Paris and Tel Aviv. Additionally, the company's contract values soared 50 percent year over year.

As worldwide demand for Gigya's technology surged in 2014, Gigya added prolific brands across several business verticals including Lufthansa Airlines, Next Media, Wal-Mart Mexico, Bell Media, L'Oreal USA, Buffalo Wild Wings, Bank of the West, U.S. Soccer, and Federated Media to its roster of more than 700 clients.

In addition to client and usage growth, Gigya recently named David T. Scott as the company's new Chief Marketing Officer. With more than 15 years of marketing experience, Scott has served as a top-tier marketing executive for Fortune 500 companies and billion dollar organizations. Prior to joining Gigya, he served as the CMO of ForeSee, which was acquired by Answers. Previously, he was CEO of Marketfish, a venture-backed lead generation and cloud data company. Scott also served as Vice President of Global Marketing and Strategy at Intermec, Inc. (now a part of Honeywell) where he was responsible for all global marketing strategy, and directed a team of 165 employees across 40 countries. With his successful use of lead generation strategies at Intermec, the CMO Council named Scott "Chief Marketing Officer of the Year." He is also the author of "The New Rules of Lead Generation: Proven Strategies to Maximize Marketing ROI" published by AMACOM.

2014 was also a notable year for expansion as Gigya announced it had raised $35 million in growth capital in November. The round was led by Intel Capital, with participation from Common Fund Capital and Vintage Investment Partners, as well as existing investors Adobe, Advance Publications, Benchmark Capital, DAG Ventures, Greenspring Associates and Mayfield. Gigya's total funding is now $104 million.

Following the announcement of new funding, the year ended on an especially high note for Gigya, as the business's fourth quarter marked the most successful quarter in company history in terms of sales. The record-setting quarter was fueled not only by new customers, but also by expanded relationships with existing customers who chose to implement additional products from Gigya's expansive platform.

"This was a tremendous year for us," said Gigya CEO, Patrick Salyer. "Gigya continued to grow at a rapid pace and the next year holds huge promise for us as we continue to lead an incredibly important market by offering a platform that allows business to register and identify users across devices -- all while respecting user privacy. With our newest round of funding and with David T. Scott, our new CMO in place, Gigya is poised to be the system of record for any online business that wants to create better, more trusted customer relationships."

About Gigya

Gigya's Customer Identity Management Platform helps companies build better customer relationships by turning unknown visitors into known, loyal and engaged customers. With Gigya's technology, businesses increase registrations and identify customers across devices, consolidate data into rich customer profiles and provide better services, products and experiences by integrating data into marketing and service applications.

Gigya's platform was designed from the ground up for social identities, mobile devices, consumer privacy and modern marketing. Gigya provides developers with the APIs they need to easily build and maintain secure and scalable registration, authentication, profile management, data analytics and third-party integrations.

More than 700 of the world's leading businesses such as Fox, Forbes and Verizon rely on Gigya to build identity-driven relationships and to provide scalable, secure Customer Identity Management.

Contact Information

  • Contact

    Victor White
    Director of Marketing Communications
    650.353.4178
    victor@gigya.com