News and Events
ServiceSource Named To San Francisco Business Times’ Top 100 Fastest Growing Private Companies List
Strong Company Growth and Commitment to Bay Area Clients Results in Number 26 Ranking on “Top 100 Bay Area Companies List”
29 October 2008, San Francisco, CA — ServiceSource, Inc., the global leader in Service Performance Management, today announced that it ranked 26 on the San Francisco Business Times' annual listing of the Top 100 Fastest Growing Private Companies in the Bay Area. ServiceSource was commended for its successful financial performance, strong company growth and impressive customer portfolio. In addition, ServiceSource was the 6th largest private company and 2nd largest technology company on the list based on reported revenues of companies on the Fast 100.
“We are thrilled to be recognized and awarded for our strong company growth,” said ServiceSource CEO Mike Smerklo. “ServiceSource continues to be a bright spot in the services business and technology community. Recognition by the San Francisco Business Times is testament to the dedication of our employees and the impressive results and increased service share they help our clients achieve.”
The Top 100 Fastest Growing Private Companies annual award is a leading component of the Book of Lists program published by the San Francisco Business Times. The official Awards Ceremony took place on Thursday, October 23 at the Hilton Hotel in San Francisco, where 100 applicants from an initial pool of 2000 were successfully accepted into the final list. ServiceSource ranked among the highest companies overall for revenue growth over the last three years at 154%.
About ServiceSource
ServiceSource is the service revenue performance company. We partner with technology, healthcare, and life sciences companies to maximize maintenance, support, and subscription revenue while optimizing customer loyalty. We increase contract renewal rates for clients on average by 10–25 percentage points — and in some cases by up to 40 points. These dramatic results are achieved via a purpose-built service revenue solution, including a suite of cloud applications and managed services built on a proprietary technology platform, which combines the industry's most robust data management engine and a unique service revenue master, leveraging our deep knowledgebase of benchmarks and best practices. Our solution delivers proven results through a 100% pay-for-performance business model that enables a success–driven, shared–risk partnership. Headquartered in San Francisco, ServiceSource has $5 billion in service revenue under management.
For more information on ServiceSource, visit www.servicesource.com or call: 415.901.6030.
For further information:
Kerry McGowne, ServiceSource, Tel: 415.901.8927 kmcgowne@servicesource.com
Nadia Guerirem, Bite Communications, Tel: 415.365.0391 nadia.guerirem@bitepr.com