Exceeds 2015 Growth Targets by End of Third Quarter
New York, NY and Washington DC – October 15, 2015 – Boundless, the leading provider of open source geospatial software and services, today announced at LocationTech FedGeoDay 2015 ( fedgeoday.org) significant acceleration in revenue, bookings, and customer adoption.
“We’re seeing strong demand for powerful yet cost-effective, standards-based geospatial solutions across all market sectors, particularly the federal government,” observed Ann Johnson, Boundless CEO. “Boundless’ momentum and metrics have never been stronger as we respond to our customers.”
By the close of Q3 2015, Boundless:
- Grew YTD and Q3 revenue on a Y/Y basis in excess of 45%
- More than doubled bookings year over year
- Increased average deal size Y/Y nearly 50%, with more than 50 customer wins in 2015 already
Boundless develops and supports powerful software for enterprise Spatial IT applications. Boundless provides platforms for managing data and building maps and applications designed for bringing spatial information into modern workflows. The experts at Boundless reduce the cost and time of deploying and managing spatial software with packaging, support, maintenance, professional services, and expert training. Learn more at boundlessgeo.com.