SOURCE: InsideView

InsideView

October 07, 2009 09:00 ET

InsideView Third-Quarter Revenue Grows 294% Over Same Quarter Last Year

Sales 2.0 Leader Continues Impressive Expansion of Customer Base and Revenue

SAN FRANCISCO, CA--(Marketwire - October 7, 2009) - InsideView, Inc. today announced impressive business momentum through the third quarter of 2009 with revenue growth of 294% over the third quarter of 2008.

During the third quarter, InsideView announced new partnerships with best-of-breed information providers for its award-winning sales intelligence solution, SalesView, and saw significant growth across all measurements of revenue, customers and users.

Financial highlights from InsideView's third-quarter performance include:

--  163% bookings growth over same quarter last year
--  294% revenue growth over same quarter last year
--  250% customer growth over same quarter last year
--  235% seat growth over same quarter last year
    

"InsideView's third-quarter growth extends our industry leadership and is another indicator of the incredible potential for Sales 2.0 solutions," said Umberto Milletti, CEO of InsideView. "InsideView's sales intelligence solution has become one of the premier resources for sales teams to improve their productivity and overall performance. Our rapid growth reflects the need in the sales industry for innovative tools such as SalesView, which provide the ability to stay atop of, understand and effectively use the ever-increasing amount of information being added to the Web."

In addition to other accomplishments in the third quarter, in July the company also launched the InsideView Smart Cloud™ platform. InsideView Smart Cloud is the first sales intelligence solution to allow plug-and-play addition and validation of content. The intelligence offered by the Smart Cloud platform was fortified by new partnerships with information providers, including Thomson Reuters, Capital IQ (a Standard & Poor's company), Cortera and NetProspex. Other content relationships include Jigsaw, Facebook, Twitter, LinkedIn and over 20,000 online news sources.

About InsideView

InsideView is a Sales 2.0 leader, bringing intelligence gained from social media and traditional editorial sources to the enterprise to increase sales productivity and velocity. InsideView's award-winning sales intelligence solution, SalesView, continuously aggregates and analyzes relevant executive and corporate data from thousands of content sources to uncover new sales opportunities. SalesView delivers this intelligence natively within CRMs and mobile devices for optimum usability. The San Francisco-headquartered company was founded in 2005 and is venture-backed by Emergence Capital Partners, Rembrandt Venture Partners and Greenhouse Capital Partners. InsideView's products are used by more than 15,000 sales professionals and 1,700 companies worldwide, including Adobe, BMC, CapGemini, IBM, Polycom, and VMWare. For more information, visit www.insideview.com.

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