Yottaa Continues Strong 2015 Growth Trajectory With Industry Accolades And Cloud Innovation
Q2 Highlights Include Record Revenue Growth, Mobile Search Innovation and ‘Vendor to Watch’ Recognition
Waltham, MA — 14, 2015—Yottaa, the leading Adaptive CDN platform for optimizing user experience on web and mobile applications, today announced it had a strong second quarter including record revenue growth, multiple industry accolades and the introduction of new innovations to the market.
- The company’s 14th consecutive quarter of record revenue growth
- Over 240% year-over-year Q2 bookings increase
- 4x year-over-year growth in annual contract value
Throughout the quarter Yottaa continued to grow its sales, engineering and operations groups to accommodate and facilitate rapid growth, and made several key product and company announcements, including:
Yottaa received multiple industry accolades during the quarter, including being named:
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A finalist in two categories in the 2015 Massachusetts Innovation & Technology Exchange (MITX) awards
- A “Vendor to Watch“ by industry analyst research firm Enterprise Management Associates (EMA)
In the report associated with the ‘Vendor to Watch’ award, EMA Analyst Tracy Corbo stated, “The growing complexity of web-based applications, combined with the increased use of mobile devices, is rendering established delivery models less effective. Traditional CDNs were developed when web content was less complex and the focus was on shortening the hops between the server and the end user. This solution is a good fit for any company whose business has a critical dependency on transactional web application performance from mobile devices or hybrid endpoints.”
- The Streaming Media Summit where Yottaa’s Ari Weil presented the company’s ContextIntelligence platform together with Meir Tsinman, President and Founder of MedicalSupplyDepot.com
- Velocity, the leading conference for Web Operations, End-to-End Optimization, IT as a business driver, and ubiquitous delivery for all platforms, including mobile
- IRCE, the World’s Largest E-Commerce Event, with 9,700+ attendees, 600 exhibitors, and more than 200 speakers over 4 days
- In April, Fathead CIO Jennifer Rademacher and Director of Internet Marketing Michael Layne joined Weil to discuss the challenges of implementing responsive web design (RWD) and how Yottaa’s ContextIntelligence platform was a key component in streamlining development and optimizing end user experience for the decor giant
- In June, industry experts Tom Large, Tracy Corbo and George White joined Weil for an online panel discussion on how to measure the business value of content delivery networks
“In Q2 Yottaa continued its streak of quarterly record revenue and brought even more product innovation to the market. The company also received validation and recognition from respected third party organizations,” said Vick Viren Vaishnavi, President and CEO of Yottaa. “We set very aggressive revenue and product goals for 2015 and Yottaa’s performance in the first half of the year has exceeded our expectations.”
Media Contact:
Tedd Rodman
617-239-9024
t.rodman@yottaa.com