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G2 software categories1/24/2024 in a JumpCloud in a review on G2. “Also, it is much more affordable than buying five different vendors, and they keep adding new features, most of them free. “With other solutions, you need to invest a lot of effort to properly connect different tools together,” said user Mustafa A. Marketing Technology News: MarTech Interview with John Payne, CEO of Croquet JumpCloud’s platform offers organizations a modern, open approach to identity access, management, and security that users and IT admins can easily navigate - saving time, money, and improving security at every access point. JumpCloud reduces IT sprawl and integrates easily with existing IT and security infrastructure, giving SMEs a solid yet flexible foundation that can scale and evolve as needs and conditions change. Often forced to extend complicated ecosystems running on closed legacy systems like Microsoft Active Directory (AD), modern SMEs are looking for a cloud-forward, open alternative that secures all IT resources without the headache or cost of traditional solutions. In the era of hybrid work, small to medium-sized enterprises (SMEs) must manage and secure users’ identities and devices without the budget or staff of larger enterprises. JumpCloud is the only vendor that has a single platform to support identity, access, and device management, including password management, single sign-on (SSO), multi-factor authentication (MFA), mobile device management (MDM), patch management, and more. The honors follow JumpCloud’s addition of password management and remote assist to its open directory platform. announced it has been named to G2’s 2023 Best Software Awards in the categories of Top Security Products, Top Global Software Companies, and Highest Satisfaction Software Products. We lack several data points that we’d need to convert that customer growth figure into revenue expansion itself, sadly.Driven by 1500 trusted company reviews, JumpCloud maintains its placement as a top software vendor for the fourth consecutive year Parsing that a little, seeing 45% customer growth in a majority revenue line implies healthy growth. Per Abel, the customer number represented a 45% growth rate, and that that “piece of business represents the bulk of current revenue.” In that document the company said that it added “700 paying customers for its Marketing Solutions in the past 12 months.” TechCrunch wanted to know what percent growth that number represented, and what portion of G2’s revenues come from that particular business line. On that front, the CEO expanded a bit on the growth metrics that it disclosed as part of its release. The process seems reasonable, but the company and its rivals like Capterra will need to manage market trust as they continue to scale. In response to our question regarding balancing G2’s commercial interests and review purity, Abel said that “whether a software vendor pays G2 or not has no impact on their rating on G2 and their placement in our category rankings which are 100% algorithmic and data-driven.” That’s a good start.Ībel went on to say that G2 verifies all reviews, checks the “business identity” of reviewers via their online profiles, and uses “NLP and AI to score and validate all reviews including preventing any reviews by competitors or employees of a vendor.” And, the CEO added, G2 has humans in the loop for verification as well. And one that comes with a unique set of challenges. They provide a guide of sorts to various software niches, not only exposing a number of competing services in a single space, but also some signal about what service might be a good pick.įor the immensely deep and immensely wide software market, offering potential buying entities - all companies, in other words - direction when it comes to software buying decisions is a position of power. The round caught our eye not due to its scale - nine-figure rounds are a daily occurrence in today’s super-heated venture capital market - but due to the interesting position that G2 and its rivals occupy in the technology space. The investment also included capital from LinkedIn, which previously invested, and corporate venture dollars from both HubSpot and Salesforce. Permira led the round via its growth fund, while prior venture capital firms IVP, Emergence and Accel also contributed. Per a release the company shared with TechCrunch in advance of its news, G2 is now worth more than $1 billion, making it a unicorn in modern parlance. This morning G2, a company that provides an online software review and information database, announced that it has raised a $157 million Series D.
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