InsightSquared Announces Record Sales Results and Growth

Drives 20x Growth for its Innovative Business Analytics Product; Relocates to a New, Bigger Office Due to Employee Growth

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InsightSquared

Mar 27, 2014, 09:00 ET

CAMBRIDGE, Mass., March 27, 2014 /PRNewswire/ -- InsightSquared, the innovative and award-winning provider of business analytics, today announced record sales growth and a series of milestones. The accomplishments further establish the company's leadership in the business intelligence market.

InsightSquared's annual sales grew 20x for its Salesforce analytics product. Companies across the globe including Swipely, NetProspex, Ipswitch and DataCore Software selected InsightSquared as their Salesforce analytics solution, giving them instant and actionable insights into their business data.

"With InsightSquared, we've virtually gotten rid of our Excel spreadsheets and are now using InsightSquared as our point of truth - our data point of record," said Carter Perez, Senior Vice President of BrightPearl. "This has helped us accelerate the growth of our business by over 40%."

InsightSquared now has over 70 fulltime employees and will soon relocate its headquarters in Cambridge, tripling its office size to accommodate the continuous growth. The approximately 15,000 square feet of space is being completely renovated to provide state-of-the-art facilities to accommodate the rapidly growing company.

Customers choose InsightSquared because of its seamless integration with multiple data sources, visual and intuitive user interface and continuous product improvements. In 2013, InsightSquared launched three new industry-first free apps for the Salesforce AppExchange. The free apps attract new customers looking for an analytics product that can be up-and-running more quickly and affordably than anything else on the market.

At Dreamforce 2013, the company unveiled InsightSquared 3.0, offering over 300 "Best Practices" reports based on feedback from hundreds of experienced CEOs, sales VPs and marketing VPs. In under an hour, Dreamforce attendees could see their own sales reports and insights by visiting InsightSquared's sponsor booth. InsightSquared 3.0 was recently given the prestigious Stevie Award in the Business Intelligence Solutions category in the eighth annual Stevie Awards for Sales & Customer Service.

More recently, InsightSquared launched a revolutionary QuickBooks analytics and reporting product. The new solution gives CEOs and other business users the ability to glean sales, profit and loss and financial insights on their business from QuickBooks anywhere, in real-time and easier than ever before.

"This outstanding growth in 2013 is a testament to InsightSquared's innovation with our breakthrough product in the business intelligence market," said Fred Shilmover, CEO of InsightSquared. "Our reputation for easy-to-use, powerful, yet affordable business analytics is a key driver of this growth. More importantly, our growth would not have been possible without our incredible employees, customers, and partners in the Salesforce community."

About InsightSquared
InsightSquared is the innovative leader in business analytics and modern business intelligence for sales and marketing. Unlike legacy business intelligence platforms, InsightSquared can be deployed affordably in less than a day without any integration costs and comes preloaded with reports that real business people can use. Hundreds of companies and thousands of users around the world use InsightSquared's award-winning analytics to maximize sales performance, increase team productivity and close more deals. Based in Cambridge, Mass., InsightSquared was recently named one of the "Best Places to Work in Massachusetts" by the Boston Business Journal and "Top Places to Work 2013" by The Boston Globe. InsightSquared is also a winner of the "2014 Product Innovation Award" from the Business Intelligence Group. For more information, visit www.insightsquared.com.

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