Market Overview Continues Explosive Growth with Record-Breaking Rise in Revenue


Indianapolis-based tech company grows team by 40 percent and revenue by 175 percent

INDIANAPOLIS (PRWEB) October 11, 2017, the only quality management software platform designed specifically for medical device companies, today announces continued momentum moving into the fourth quarter. In addition to closing yet another record quarter, their fourth in a row, the team increased by 40 percent quarter over quarter. Of the eight new hires last quarter, two are senior level. Jennifer Kier and Thomas Stergar II each bring more than 20 years of experience, and strategic partnership and customer success development, respectively.

"We grew revenues by 175 percent in the third quarter of 2017 over the same period in 2016, which is a testament to the quality team we've built," said David DeRam, co-founder and CEO at "Our explosive growth comes off the heels of moving to a new, scalable office space. We're not only ending the year with a highly motivated team that has helped hit a nerve in the market, we're also looking forward to solidifying our foothold in the medical device industry with an upcoming announcement that will allow companies to move past basic compliance to true quality."

Jennifer Kier, formerly global director of customer success at Genesys/Interactive Intelligence, is now vice president of customer success. After a 20-year career in communications, software solutions and customer success, Kier is more than qualified to lead strategy for the growing client list at

Thomas Stergar II, formerly vice president of business development of MAETRICS, brings more than 25 years of experience in business development. Spending more than a decade focused on medical device quality and regulatory compliance consulting, Stergar has also helped build a medical device company from scratch. Such relatable experience in the medical device field translates well into his new role at where he'll be creating partnerships within his area and industry of expertise.

For more information or to schedule a demo, visit


About is the only quality management software platform designed specifically for medical device companies. The platform helps companies get safer devices to market faster, simplifies FDA and ISO regulatory compliance and reduce risk.'s customers, like Sandstone, Recovery Force and Priority Designs, among others in more than 25 countries across the globe, use the platform to push beyond baseline compliance achieving true quality. For more information, visit

Heidi Harmon
BLASTmedia for
317-806-1900 ext.142

For the original version on PRWeb visit:

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