Crittercism Achieves Record Growth and Accelerated Company Momentum in 2014

SAN FRANCISCO, Dec. 10, 2014 /PRNewswire/ -- Crittercism, the leader in mobile App Performance Management (mAPM), today announced explosive growth in 2014, solidifying its position as the leading company  accelerating mobile business for the enterprise. In addition to significant increases in net bookings, ASP growth and new customer adoption, Crittercism launched industry-first solutions specifically designed to help businesses connect the performance of their mobile apps with the overall health of their business.

Market Momentum

Crittercism has dramatically accelerated its market momentum in 2014. Key growth metrics include:

• Bookings: 73 percent sequential quarter-over-quarter growth in net bookings.
• ASP: achieved a 93 percent ASP growth (YTD).
• Customers: secured several market-leading mobile customers including Snapchat, Nordstrom, Orbitz, Telstra, Le Parisien, TDC and Showroomprive.
• Partners: added more than 70 application developer partners from around the world to dramatically increase the adoption of the Crittercism solution.
• Funding: closed a $30 million round of funding to fuel product growth and geographic expansion.

Technology Innovation

Crittercism technology momentum in 2014 includes:

• App metrics: Crittercism has managed approximately 500 billion app loads and diagnosed 2.5 billion app errors.
• Product launches: since launching the industry's first mobile-optimized transaction management solution in October, Crittercism has managed 150 million transactions and currently has more than 200 customers using the service. With Crittercism Transactions Management solution, customers are able to define, monitor and manage the mobile transactions that have the greatest impact on their bottom-line growth.
• Benchmarks: launched the industry's first benchmark portal for mobile apps -- data.crittercism.com. The real-time dashboard leverages Crittercism's data -- gathered from processing over thirty thousand apps across 1B users -- to provide both developers and businesses up-to-date insight into OS adoption and performance as well as average Wi-Fi and carrier latency worldwide. The dashboard further demonstrates Crittercism's expertise and focus on providing enterprise-grade organizations with deep insight into the many factors that affect application performance.

 "This year, we've seen a huge uptick in demand from businesses for increased visibility into the precise effects app performance has on overall business growth," said Andrew Levy, co-founder and CEO of Crittercism. "There's been a fundamental shift in the way companies think about mobile – it's no longer just about having a reliable app – it's about the app's role in the overall success of the business. We expect this trend to continue and we look forward to what this space will bring in 2015 and beyond."

About Crittercism
Crittercism provides the world's leading mobile application performance management (mAPM) solution and enables enterprises to accelerate their mobile business. The company's solution monitors every aspect of mobile app performance and provides a real-time global view of app and transaction metrics across iOS, Android, Windows Phone 8, Hybrid and HTML5 apps. The company's investors include Google Ventures, Scale Venture Partners, Opus Capital, Shasta Ventures, InterWest Partners and Accenture. Learn more at http://www.crittercism.com.

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SOURCE Crittercism

Related Links

http://www.crittercism.com