Igloo Software Wraps Up 2017 with 229% Year Over Year Growth in Q4

The digital workplace solutions provider closed its 2017 fiscal year with a new annual revenue high and a 75% increase in new business

KITCHENER-WATERLOO, Ontario, Jan. 24, 2018 /PRNewswire/ -- Igloo Software, the leading provider of digital workplace solutions, concluded fiscal year 2017 with a 75 percent increase in new business, 51 percent overall growth, and 229 percent year over year net new business growth in Q4. 

This was Igloo Software's most successful year since its founding in 2008. Reaching more than 1 billion monthly digital workplace interactions across its enterprise base of customers, expanding to users in over 80 countries, and hosting over 10,000 digital workplaces globally, Igloo will continue to increase its global impact throughout 2018.

"2017 was a tremendous year for us, as we brought several firsts for the industry to market, including our industry-leading digital workplace solutions portfolio, our first of its kind test drive experience, our comprehensive digital workplace playbook, and our full line of services to support customers throughout their digital transformation journey," said Dan Latendre, Founder & CEO of Igloo Software. "It was great to end the year on such a high note, and we're looking forward to our continued success in 2018."

The company kicked off 2018 with US$47M in new funding, further propelling its 2017 momentum. From digital workplaces for financial institutions, hi-tech, healthcare, retail, and non-profits, Igloo is able to serve its diverse portfolio's unique needs and provide companies of all sizes with best-in-class collaboration, communication, knowledge management, and employee engagement solutions. Its 2017 growth is proof of the company's traction across a range of industries, which it expects to diversify even more in 2018.

"Nearly 10 years ago, we set out to solve a problem - the disconnect between people, processes, and information within organizations. Our success is a testament to helping organizations solve real business challenges in the workplace," said Latendre. "We owe our success, not only to our ground-breaking digital workplace solutions, but also to the dedication of our employees, our customers, and our continued innovation."

For more information about Igloo Software, please visit https://www.igloosoftware.com.

About Igloo Software
Igloo is a leading provider of digital workplace solutions, helping companies build inspiring digital destinations for a more productive and engaged workforce. Offering a suite of modern features and solutions for today's evolving workplace, Igloo partners with customers to address challenges related to communication, collaboration, knowledge management, employee engagement, and culture. For more information, please visit www.igloosoftware.com

Follow @IglooSoftware on Twitter and find us on Facebook, and LinkedIn.

Media Contact

Bridget Devine
Walker Sands for Igloo Software
[email protected]
(312) 561-2492

SOURCE Igloo Software

Related Links

http://www.igloosoftware.com