SOURCE: Klipfolio

Klipfolio

January 05, 2016 10:05 ET

Klipfolio Releases Year-End Update: New Funding Helps Drive Growth and Customer Success

OTTAWA, ON--(Marketwired - Jan 5, 2016) -  Klipfolio, a provider of cloud business dashboards, today released its 2015 Year in Review, demonstrating the progress the company has made this year. In February, the company received $6.2 million in funding with an A round led by OMERS and was able to invest significantly in the product and hire new talent to better support its growing customer base. 

"We invested heavily in customer success: adding new team members, extending product features, and expanding the number of gallery templates and data integrations," said Allan Wille, Klipfolio's CEO. "We now have over 100 documented integrations with on-premise and cloud data sources, more than any other dashboard product in the market and our Klip Gallery has 300 templates, allowing users to quickly see value from Klipfolio, which is especially important during the trial period."

Important 2015 milestones:

  • Klipfolio now has more than 4000 customers, representing practically every functional area in a company. While strongest in marketing, users are also active in management, finance, sales, development and more.
  • Klipfolio was recognized as a Deloitte Company to Watch, received a Dresner Advisory Service Leadership Award and Klipfolio's customer Jebbit received a Ventana Research Leadership Award for its Klipfolio use.
  • Release of Klipfolio for iPhone and Klipfolio for Android.
  • Klipfolio customers built more than 650,000 Klips and accessed more than 500,000 datasets. On average, Klipfolio dashboards collectively refreshed more than 1 billion times. There were more than 11 billion formula executions and 20.4 million dashboard views. 
  • The company has hired 20 additional employees, primarily development and customer success team members. The company moved into its expanded headquarters in April.
  • Monthly recurring revenue (MRR) doubled, showing substantial subscription growth and business momentum.
  • Klipfolio now provides documented access to 100 different data sources (and through its web accessible resource connector can connect to 100s of others) and offers 300 templates in the Klip Gallery. Klipfolio offers access to more data sources than any other competing product.
  • The company also released new KlipStarts, quick-start dashboards featuring such commonly used data tools as Google Analytics and Google AdWords.

About Klipfolio
Klipfolio's mission is to make it fast, easy and affordable for business users to build and share real-time dashboards -- enabling them to move from quarterly reflective management to continual performance optimization. Klipfolio has more than 4000 customers including marketing agencies, financial services, healthcare, consumer goods and not-for-profits organizations. Find out more at klipfolio.com or follow us on twitter.com/klipfolio

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