Country for PR: United States
Contributor: PR Newswire New York
Wednesday, February 06 2019 - 22:00
AsiaNet
CleverTap More Than Doubles Revenue, Realizes Significant Customer Growth Globally in 2018
SAN FRANCISCO, Feb. 6, 2019 /PRNewswire-AsiaNet/ --

-- Company to accelerate growth in 2019, with more product innovation, 
expansion in key markets 

Mobile marketing and analytics platform CleverTap ( 
https://c212.net/c/link/?t=0&l=en&o=2366450-1&h=2296598611&u=https%3A%2F%2Fclevertap.com%2F%3Futm_source%3Dmta%26utm_campaign%3D11278%26utm_term%3Dthe%2520mta%2520newsdesk&a=CleverTap 
) today revealed business results from 2018, a year during which the company 
significantly increased revenue and customers while accelerating its product 
innovation to include industry-first features like machine-learning driven 
predictions on business outcomes, Intent-based segmentation, Customer Lifecycle 
Management and more.

Logo - https://mma.prnewswire.com/media/559274/CleverTap_Logo.jpg 

During 2018, CleverTap grew its customer base by over 50 percent, adding 
Fandango LATAM, Discovery Kids, Cars24, Lenskart, Oredoo, Truecaller, Vidio and 
more to the growing list of businesses leveraging the platform to achieve their 
mobile marketing goals. CleverTap also executed on strategic geographic 
expansion plans. With new offices in Singapore and Mumbai and growing presence 
in the Americas, it enabled the company to seize a larger market share in these 
important, high-growth regions. In December, CleverTap received recognition 
from EContent Magazine as one of the 100 Companies that Matter in Digital.

CleverTap powers over 8,000 mobile applications to reach 1 billion devices 
globally. Its experience optimization capabilities help growth teams bring 
together enormous quantities of data from online and offline channels in one 
customer data platform. Powered by a robust segmentation engine, its unified 
offering helps create a complete, more accurate picture of an audience based on 
targeted optimization across lifecycle stages. This results in sustainable 
growth at every step of the customer lifecycle - from awareness, interest, 
decision to advocacy.

With CleverTap, businesses are able to act on rich insights in real time to 
optimize the performance of their apps and drive meaningful, omnichannel 
customer experiences. Collectively, these experiences represent over $2 billion 
in incremental revenue for its customers. In 2019, the company plans to nearly 
double its product and engineering momentum so its customers can continue to 
drive key business metrics and grow long-term revenue.

"CleverTap has continued to grow at a remarkable pace thanks to our focus on 
driving value to our customers," said co-founder and CEO Sunil Thomas. "This 
combined with our constant dedication to product innovation has ensured we keep 
raising the bar. In 2019, we will continue to focus on creating cutting-edge 
solutions, building our team and expanding our presence, while keeping 
customers at the heart of everything we do."

About CleverTap

CleverTap helps consumer brands retain their users for life. It is a powerful 
mobile marketing solution that brings together user data from online and 
offline channels on one centralized platform. Every day, thousands of brands 
leverage CleverTap's machine learning models to orchestrate differentiated 
customer engagement strategies that help marketers drive omni-channel growth. 
Build valuable customer relationships using actionable, real-time insights that 
help create amazing customer experiences.

Over 8,000 global brands, including Star, Sony, Vodafone, Go-Jek, Domino's, DC 
Comics, BookMyShow, and DealsPlus, trust CleverTap to help them connect with 
users and grow their mobile apps. To learn more about CleverTap, visit 
clevertap.com or follow on Facebook and Twitter.

CleverTap has offices in Sunnyvale, San Francisco, Singapore, New York, London, 
Mumbai, and Bengaluru. For more information, visit the CleverTap website. To 
see how businesses of all sizes are building more meaningful customer 
relationships, visit our customer's page.

Press Contact
Ketan Pandit
PR for CleverTap
ketan@clevertap.com

SOURCE: CleverTap
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