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Pendo Exceeds Expectations for Bookings, Customers & Hiring in Quarter of Record Growth

Laura Baverman // August 13, 2018

Highlights of Pendo’s second quarter include significant customer, bookings and hiring growth, major product launches, and industry recognition. Read the full release below:

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Pendo, creator of the leading product cloud for digital products and data-driven product teams, today reported highlights from the second quarter of its fiscal year, which ended July 31, 2018. Milestones include a 170% increase in bookings year over year and 90 new customers, which include major financial institutions and insurance companies, top B2B SaaS companies, firms in industries like translation services, logistics, security and hospitality, and a community college.

New customers include: Instacart, Digital River, Inc., Showpad, J.J. Keller & Associates, JAMF Software, RingCentral, Jonas Software, Windstream Corporation, Lithium Technologies, Mimecast, First American Financial, BambooHR, and O.C. Tanner.

“It was a really exciting quarter for Pendo,” said CEO and co-founder Todd Olson. “I’m especially proud that we’ve added a number of large global companies as new Pendo  customers. It’s rewarding both in validating our trajectory as an enterprise SaaS provider and proving that, as the world goes digital, the user has become one of the most important assets for any business.”

Other highlights of the quarter include:

About Pendo

Pendo is a product cloud that provides user insight, user guidance and user communication for digital product teams. With Pendo, these product teams can understand product usage, collect feedback, measure NPS, onboard users, and announce new features in app—all without requiring engineering resources. Founded in 2013 in the heart of Raleigh and backed by Battery Ventures, Spark Capital and Meritech Capital, Pendo has raised $56 million and counts more than 600 customers, including Zendesk, Salesforce, Coupa, Gainsight, BMC, and Sprinklr. Pendo tracks 1.5 billion user actions a day, and improves the product experience for 91 million users every month. In July 2018, Pendo released Pendo Vox, a free complement to its core product, which allows teams to collect user feedback in app and via email. Pendo is also the producer of ProductCraft, a destination editorial site with insights by and for product leaders; and Pendomonium, a premier product conference. For more information, visit: www.pendo.io


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