Seismic Experiences Record Growth in 2014, Highlighting Strong Demand for Sales Enablement Platform
SAN DIEGO CA, Jan 27, 2015 — Seismic, the leading end-to-end sales enablement solution, today announced it experienced record growth in 2014, with dramatic customer and revenue growth, and award-winning product innovation. The company also recently raised a $20 million Series B funding round to continue to bolster its product innovation and expand its sales, marketing and customer experience teams.
During 2014, Seismic doubled its customer base, which now includes five of the 15 largest asset management firms, a leading cloud-based HR and finance software company, and a popular music streaming service, among others. As a result of new customer growth and existing customer expansion, Seismic’s revenue grew by more than 150 percent for the second consecutive year, with consecutive growth each quarter of 2014. Seismic also doubled its employee headcount and will expand its footprint in Boston as it moves to a new office in North Station this spring.
Other 2014 Highlights Include:
- Seismic was recognized as “Best Windows Sales & Marketing App” from the Tabby Business Awards and received a “Cool Companies 2014” award from the San Diego Venture Group.
- Seismic delivered new platform innovations, which help bridge the gap between sales and marketing teams in order to increase sales effectiveness and marketing efficiency. The company introduced new “LiveSend” and “LiveShare” features, providing sales reps and marketing teams with real-time visibility into how their content is being used by customers. Combined with Seismic’s “LiveDoc” feature, customers can ensure consistent on-brand messaging across sales and marketing teams as well as easy access to contextually relevant and up-to-date business collateral, resulting in increased conversion rates, and customer satisfaction and loyalty.
- Seismic launched its Salesforce1 Mobile App, providing sales reps with a single place to go to access presentations, contracts and reports– which are current and customized, –directly from the Salesforce1 social, mobile and cloud customer platform.
“Similar to the evolution of the multi-billion dollar marketing automation category we witnessed over the last decade, the sales enablement market took off this year as organizations look to gain deeper visibility into the sales funnel, as well as increase sales team effectiveness,” said Doug Winter, CEO of Seismic. “Following an exciting year with record-breaking revenues and customer growth, we’re well positioned to expand and enhance our product, and we look forward to continuing to take our business to the next level in 2015.”
Seismic is the leading end-to-end sales enablement solution that increases sales productivity and marketing effectiveness by delivering the right content at the right time on any device. By creating, customizing and analyzing sales materials with Seismic, our customers dramatically increase time spent selling and improve win rates. With offices in San Diego and Boston, Seismic is privately held by its three-time serial entrepreneur executive team and leading venture capital firms JMI Equity and Sigma West.
Media Contacts: Brittney Danon