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Pendo Named One of JMP Securities' Hot 100 Privately-Held Software Companies for 2018

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JMP Securities lists Pendo a "Hot 100" private U.S. software company based on factors like financial growth, product, leadership, customers, and market potential.

RALEIGH, N.C. (PRWEB) July 27, 2018

Pendo, creator of the leading product cloud for digital products and data-driven product teams, today announced that it has been named one of the "Hot 100" privately-held software companies by JMP Securities.

The "Hot 100" list is published annually by the San Francisco-based investment bank, with companies selected based on criteria like financial growth, products and services, quality of leadership, customers and market potential.

Pendo joins notable software companies like Zoom Communications, Snowflake, Slack, Datadog, Asana, Looker, Drift, PagerDuty, Docker and Sprinklr on this year's edition. 20 Pendo customers and partners made the 2018 list.

"We're honored to earn a spot on this year's Hot 100," said Todd Olson, CEO and co-founder of Pendo. "The Hot 100 provides validation of Pendo's continued work to support and serve product teams with the most complete platform for understanding users and guiding them to receive more value from SaaS products and digital experiences."

Now in its tenth year, the Hot 100 has proven to be a reliable bellwether for category leadership and company success. Listed companies experienced a record year for exits in 2017, with 17 completing an IPO and 10 others sold or filed to go public. Notable exits from the 2017 list include DocuSign, Dropbox, GitHub, MongoDB, Okta, Pluralsight, Yext and Zuora.

About Pendo
Pendo is a product cloud that provides user insight, user guidance and user communication for digital product teams. With Pendo, these product teams can understand product usage, collect feedback, measure NPS, onboard users, and announce new features in app—all without requiring engineering resources. Founded in 2013 in the heart of Raleigh and backed by Battery Ventures, Spark Capital and Meritech Capital, Pendo has raised $56 million and counts over 600 customers, including Zendesk, LexisNexis, Coupa, Gainsight, BMC, and Sprinklr. Pendo tracks 1.5 billion user actions a day, and improves the product experience for 80 million users every month. In July 2018, Pendo released Pendo Vox, a free complement to its core product, which allows teams to collect user feedback in app and via email. Pendo is also the producer of ProductCraft, a destination editorial site with insights by and for product leaders; and Pendomonium, a premier product conference. For more information, visit: http://www.pendo.io

For the original version on PRWeb visit: https://www.prweb.com/releases/pendo_named_one_of_jmp_securities_hot_100_privately_held_software_companies_for_2018/prweb15656475.htm

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