SOURCE: Global Upside

Global Upside

June 11, 2013 12:00 ET

Global Upside Services Support Zillow Growth

Finance Support as Real Estate Leader Sees Double-Digit Growth

LOS ALTOS, CA--(Marketwired - Jun 11, 2013) - Global Upside, Inc. announced today that it is supporting Zillow®, Inc., the leading real estate information marketplace, with accounting services, to help it focus on serving its customers efficiently and building its business.

Global Upside's services center around critical processes that ensure Zillow's rapidly growing revenues are accurately recorded. Managing this function during periods of significant growth is an essential element of accurate financial reporting. All Global Upside services are delivered with a high priority on quality, accuracy, timeliness, and client responsiveness.

"Global Upside is providing us with on-demand scale for our back office accounting functions during this period of rapid growth," said Zillow CFO Chad Cohen. "This allows our core finance team in Seattle to focus on supporting key business decisions across the organization and our marketplace initiatives. This partnership started as just a small test and in a short period of time we've realized a sizeable benefit."

On May 7th, 2013, Zillow reported record results, with Q1 2013 revenue up 71% to $39 million, and web traffic totals of 52 million visitors in April 2013. The results reflected Zillow's focus on cementing its position as the leading brand in online and mobile real estate information, used by millions of real estate agents and homebuyers. Zillow also announced in May that it would take questions from investors following its Q1 earnings announcement via social media. According to CNBC, "Zillow made social media history... becoming the first company to solicit questions on Twitter and Facebook during its earnings call."

"We are thrilled to support Zillow as it demonstrates that online information services can be turned into a well-recognized and respected brand and a powerful revenue generator," commented Global Upside CEO Ragu Bhargava. "We look forward to a long and expanding relationship with Zillow."

Global Upside has been helping startups launch their businesses, and established companies implement high-quality financial processes, since it was founded in 1999. Today, Global Upside provides services to clients in around 40 countries worldwide, all with its trademark attention to quality, client responsiveness, and timeliness. Like Zillow, Global Upside has also expanded its social media presence recently, using the Twitter, Facebook, and LinkedIn platforms to explain the value of Global Upside finance and HR services.

Zillow is a registered trademark of Zillow, Inc.

About Global Upside, Inc.
Headquartered in Los Altos, California, Global Upside is a specialist in finance, accounting and HR services. Global Upside's team of finance professionals delivers high quality, timely and responsive service to clients in more than 40 countries worldwide. For more information, visit www.GlobalUpside.com.

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