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AppDirect Named San Francisco Bay Area’s Third Fastest-Growing Private Company
Wednesday, October 22nd, 2014
Cloud Service Commerce Leader Recognized by San Francisco Business Times for 2,064% Revenue Growth Over Past Three Years
SAN FRANCISCO, Calif., October 22, 2014 – AppDirect, the cloud service commerce company, today announced it has been named the San Francisco Bay Area’s third fastest-growing private company in the San Francisco Business Times Fast 100 List. New to the List this year, AppDirect was recognized for its impressive business performance and its 2,064 percent revenue growth from 2011-2013.
Since 2011, AppDirect has been making it incredibly easy for businesses to find, buy, use and manage cloud services from a single location. The company is powering the marketplaces for the largest telecommunications and broadband providers in the United States, Germany, Sweden, and Switzerland, as well as the worldwide leaders in several verticals, including mobile, IaaS, PaaS, finance, retail, open source software, and business SaaS. Its monetization and management platform delivers a complete cloud service commerce solution with centralized discovery, billing, identity and provisioning, data management, and automation. AppDirect has also succeeded in uniting providers, developers and consumers of cloud services in an ecosystem that drives substantial effects across the entire network.
“We’re very proud to receive this recognition today here in our local market. From our headquarters in San Francisco’s financial district, not far from the apartment where we launched our business, we’ve continued to put the right foundation and processes in place to scale globally and win leadership in cloud service commerce,” said Daniel Saks, co-CEO, AppDirect. “We have executed strategic deals with many of the largest companies in the world and created a thriving partner and developer ecosystem that enables us to reach over 20 million business users around the world, helping them benefit from cloud software.”
Today’s ranking follows several notable achievements by AppDirect this month, including:
• 2014 Empact100 – Entrepreneurs 35 and under making an impact
• 2014 BIG Awards for Business – Company of the Year
• Appsters – Best Use of Cloud (Shortlisted)
• Talkin’ Cloud Top 100 – Top Cloud Service Providers, Aggregators and Brokers
New Strategic Deals
• ADP – AppDirect is powering the ADP Marketplace and providing the first one-stop destination for HR and workforce management cloud services
• Red Hat — AppDirect is powering the OpenShift Marketplace and providing a best-in-class experience with add-on services for OpenShift Online Platform-as-a-Service (PaaS) developers
This year’s 100 fastest-growing Bay Area companies represent a wide range of industries, from fashion, food and beverage to software and transportation, with a combined revenue above the $4 billion mark for the first time in six years. The top company on the list grew 3,342 percent and five other firms grew more than 1,000 percent. Companies are ranked on percentage of revenue growth from 2011 to 2013. They must be privately-held through fiscal year-end 2013, headquartered in the Bay Area with a three-year sales history and revenues in 2011 exceeding $200,000 in that year.
AppDirect is the cloud service commerce leader making software and products accessible globally. The AppDirect monetization and management platform unites providers and consumers of cloud services into a single ecosystem. This makes it easy for businesses to find, buy and manage cloud services from a central location and delivers new opportunities for providers to distribute, sell, and market cloud services. AppDirect-powered marketplaces, billing and distribution, and reselling services help providers – including ADP, Samsung, Deutsche Telekom and others – connect 20 million business users to solutions from Microsoft, Google, Box and more. AppDirect is headquartered in San Francisco with global offices. Learn more at www.AppDirect.com.