Revenue growth: On August 12, Coupa announced its Q2 2014
results, highlighted by a 100 percent increase in revenue over Q2
2013. Additionally, the company has now posted 22 quarters of
sequential subscription revenue growth.
Aggressive hiring: Coupa continues to hire aggressively to
support its growth. Hiring in Q2 2014 represented a substantial
increase to previous quarters. The company will continue to expand the
global team throughout the year, with significant investments in
overseas markets to meet growing demand.
Industry recognition: Coupa was recognized as a leader in May
2014 in “The
Forrester Wave™: eProcurement Q2 2014” report issued by Forrester
Research Inc. The leading analyst firm gave Coupa the highest scores
for both Current Offering and Strategy. Other industry accolades for
Coupa in 2014 include AlwaysOn
Global 250, AlwaysOn
OnDemand Top 100, CFO
Forum Best Suppliers of 2014, Best
Places to Work in the Greater Bay Area by the San Francisco Business
Times and Silicon Valley Business Journal.
Growth of More than 1000 Percent Secures Coupa’s Debut in Inc.
Magazine’s Annual Ranking
SAN MATEO, Calif.--(BUSINESS WIRE)--
Coupa Software, the leading provider of cloud solutions for finance,
today announced it has been named to the Inc. 500 list for 2014. It is
Coupa’s debut in the annual list, highlighting revenue growth of 1,023
percent between 2010 and 2013.
The Inc. 500 is an annual list of the fastest growing private companies
in America. The companies must be U.S.-based, privately held, for profit
and independent – not subsidiaries or divisions of other companies – as
of December 31, 2013. The companies of the Inc. 500 represent the top
tier of the Inc. 5000, which can be found in its entirety on www.inc.com.
Coupa’s growth and momentum have continued in 2014:
Coupa will be recognized among other Inc. 500 companies at the 33rd
Annual Inc. 5000 Conference and Awards Ceremony, taking place October
15-17, 2014 at the JW Marriott Desert Ridge Resort & Spa in Phoenix, AZ.
For details, visit www.inc5000conference.com.
About Coupa Software
Coupa Software is the leading provider of cloud-based financial
applications. More than 450 customers headquartered in over 40 countries
use the Coupa suite of financial applications to support business
agility and reduce costs. Only Coupa provides a suite of true cloud
applications for finance, including accounts payable, sourcing,
procurement and expense management that allows customers to realize a
return on their investment within a few months and savings that
continually impact the bottom line. Learn more at: coupa.com.
Read more at our company blog, Making
Cents or follow @Coupa
Grayling for Coupa Software
Trafton Kenney, +1 415-490-3583
Source: Coupa Software