2015, Feb 11
LoginRadius Continues Rapid Growth, Recording a 314% Increase in 2014 Platform Usage
EDMONTON, AB, CANADA, February 11, 2015 /PRWeb.com/ — Social login and sharing platform LoginRadius embraced great change and enormous growth in 2014 as they solidified their status as a trusted social login provider in the SMB space.
Kicking off the year with a $1.3 million funding raise that far exceeded their target goal set LoginRadius’ growth hurdling forward in 2014. It was quickly followed by physical expansion into 2 new offices made necessary by the quadrupling of the Edmonton headquarter team size.
The LoginRadius leadership team also has grown as they welcome previous Intuit Canada and TELUS leader April Jones as VP of Business Development after adding several well respected and highly knowledgeable board members, all who helped LoginRadius reach 800% year-to-year platform growth in July.
Highlights from 2014
- $1.3 million raised in funding
- $225k in innovation funds from Canadian government, plus an additional $125k that came later in the year
- Now serving over 150,000 businesses worldwide
- Reach of 340 million users per month
- Over 450% growth in employees at the Edmonton headquarters
- 3.2 billion social share views in 2014
- 2014 saw 314% more login and sharing activities on the LoginRadius platform
- April Jones joined as VP, Business Development bringing 20+ years of experience
Product Innovation
LoginRadius’ development team continuously works on the product to ensure that a robust solution is offered. 2014 was a big year of innovation, and that will continue on in 2015.
In the past year LoginRadius introduced 7 new social providers, including Instagram, GitHub, Mail.ru and Xing. This brings their provider total up to 33—the most in their competitive space. The platform’s data gathering capabilities have been enhanced and now captures over 300 data points from 33 providers.
“We succeeded in positioning ourselves as a global leader in the social login and sharing space in 2014,” said Rakesh Soni, LoginRadius CEO/co-founder. “As the demand for consumer identity management solutions grows, LoginRadius will continue accelerated growth as we strive to bring the power of social login to every company worldwide.”
“With a continued focus on product excellence and technological innovation, we are committed to providing a secure, reliable, maintenance-free and fully-compliant social login platform to LoginRadius customers,” said Deepak Gupta, LoginRadius CTO/co-founder.
About LoginRadius
LoginRadius’ SaaS platform helps businesses engage, understand, and market to their online users. The platform, consisting of social login, social sharing, user social data, single sign-on, social analytics and user segmentation, now serves over 150,000 businesses worldwide.
LoginRadius is partnered with industry leaders such as Amazon, Mozilla, Google and Microsoft, working together to simplifying how users connect to the web. LoginRadius continues to build partnerships, specifically with cloud application and web agencies, to help them deliver social experience to their customers.
LoginRadius was named one of Canada’s Top 25 Up and Coming Technology Companies by Branham Group. It is headquartered in Edmonton, Canada with offices in the USA and India. For more information, visit http://www.loginradius.com.
Media Contact:
LoginRadius Media Team
media@loginradius.com