ActivTrak, a provider of cloud-native workforce productivity and analytics solutions, today announced record results for 2019 including a 60% increase in year over year annual recurring revenue. The company closed the year by adding more than 600 new customers per quarter and 9,000 new freemium accounts per quarter, representing six consecutive quarters of double-digit growth and the strongest 12-month period in ActivTrak history.
ActivTrak also added high profile industry leaders to its Board of Directors and Advisors, including: Mike Bennett, former chairman/CEO/president of SolarWinds (News - Alert) (Executive Chair and Board Director); Cam McMartin, former chief operating officer at SailPoint Technologies (Board Director); Gabriela Mauch, director of Global Organizational Design at McDonald's (Advisor); and Josh Stephens, chief technology officer at Elsewhere Partners (Advisor).
"Today's digital workplace offers operational scale and flexibility like we have never seen before. However, it also brings new challenges associated with data privacy and compliance, remote workforce management, and app proliferation," said Rita Selvaggi, CEO of ActivTrak. "ActivTrak has seized this opportunity, providing visibility and analytics into how people work so organizations can better understand, predict, and improve business outcomes while managing to the demands of compliance and security. Our team achieved incredible results in 2019, paving the way for another high-growth year in 2020."
ActivTrak milestones for the year ending December 31, 2019 included:
To learn more about ActivTrak's workforce productivity and analytics platform, visit: https://activtrak.com/product/. To explore job opportunities at ActivTrak, visit: https://activtrak.com/careers/.
ActivTrak is a workforce productivity and analytics software company that helps organizations understand how and what people do at work. Its cloud-based user activity monitoring platform provides contextual data and insights that enable mid-market enterprises to be more productive, secure, and compliant. With more than 5,000 customers and over 100,000 users of its Free version, ActivTrak's award-winning solution can be configured in minutes to provide immediate visibility and reporting. ActivTrak is backed by Elsewhere Partners and led by a team of seasoned software veterans. For more information, visit https://activtrak.com/ or follow ActivTrak on Twitter (News - Alert) @activtrak.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200129005177/en/
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