Existing Investors Bain Capital Ventures and Acrew Capital Joined by Strategic Investments from Atlassian Ventures and Cisco Investments; Theresia Gouw from Acrew Capital Joins HYCU BoardBoston, Massachusetts
AUSTIN, Texas, Feb. 1, 2022 /PRNewswire/ For 2021, ElectroNeek reports an outstanding increase in new customer growth and annual recurring revenue, as well as R&D and team expansions. ElectroNeek's
eGain Corporation: Hypergrowth retailer automates digital shopper engagement with eGain
SUNNYVALE, Calif., April 01, 2021 (GLOBE NEWSWIRE) eGain (NASDAQ: EGAN (http://www.nasdaq.com/symbol/egan)), the leading cloud platform for customer engagement automation, today announced that a fast-growing online retailer leverages eGain for digital customer engagement automation.
The multi-brand retailer was struggling to meet the soaring demand for customer service, fueled by rapid growth. True to its online business model, the company wanted to offer only digital customer service and had deployed a virtual assistant to that end. The chatbot, though, could barely do anything more than meet and greet shoppers. Moreover, the retailer was struggling with disparate channel silos, detracting from both the shopper experience and the contact center agent experience.
EDB Caps Successful Year of Hypergrowth
Postgres leader closed out 2020 with a 59% increase in annual recurring revenue EDB, a leading contributor to PostgreSQL, announced that it marked 2020 with record growth. The company expanded its technology portfolio with the acquisition of UK-based 2ndQuadrant, establishing it as the largest dedicated provider of PostgreSQL products and solutions worldwide.
Highlights 2020
44 consecutive quarters of annual recurring revenue growth
5,400 lifetime customers, including 28% of the Fortune 500 and 22% of the Fortune 100
Team grew by 46%, with more than 300 technologists now dedicated to PostgreSQL The market for Postgres is exploding, with customers adopting it across all deployment platforms: on-premises, in the cloud, and in hybrid environments. Through our singular focus on Postgres, EDB is driving this growth, which led to another record year, said Ed Boyajian, president and CEO of EDB. At this point, it s a two-horse race in