CallidusCloud Reports 9% Growth In Revenue In Q2

Published: August 16, 2013

CallidusCloud reported total revenue of $25.9 million for the second quarter, an increase of 9% over the same period in the prior year.

“In the quarter we added 183 net new subscription logos, up 25% year over year, and generated $5.2 million of cash from operations,” said Leslie Stretch, President and CEO. “We expect this momentum in the business to continue through 2013 and beyond.” 

Among the vendor’s new customers is Smoothwall Ltd, a provider of internet security solutions, which selected the company’s Configure Price Quote software to drive performance and execution efficiency for its worldwide sales force.

The company also added 10 resellers and consulting partners to its ecosystem, including PWC as global consulting partner.

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