dotCMS Reports 20% Revenue Growth in 2021
May 12, 2021
dotCMS, the provider of the only hybrid-native CMS, today announced growth of 20% in annual recurring revenue (ARR) in the first four months of the fiscal year 2021. The marquee product, dotCMS Cloud, is leveraged by enterprises on dotCMS-managed cloud stacks as well as customer-managed stacks. All new dotCMS customers in the first four months subscribed to dotCMS Cloud, which is a testimony to the appeal of the product.
“Since 2018, our vision, which is centered around NoCode / User Experience, API-first, and cloud, continues to resonate with brands across all industries and around the globe,” said Stefan Schinkel, Chief Revenue Officer of dotCMS. “Our North American home territory represents 70% of new customers, and the balance has come from a blend of EMEA and Asia Pacific, including customers as far away as New Zealand running business-critical applications on dotCMS Cloud,” He explained.
The first four months of 2021 also showed above-target number of new customers, as well as an impressive up-sell rate with our existing customer base. It looks like we’re well positioned to exceed our goals for the year. This very healthy subscription growth is the foundation for dotCMS to further accelerate the product roadmap, our product support and additional investments in marketing & sales and our partner network,” Schinkel continued.
dotCMS continues to scale all functional teams and is on track to receive formal SOC2, Type II certification later this year, positioning its established focus on security for global enterprises and their business-critical applications running on dotCMS.
dotCMS is a content management system that helps global enterprises with sophisticated content requirements create, manage and deliver content anywhere. The dotCMS platform is best suited for organizations across industries who manage multiple brands, websites, workflows and content types across multiple languages, and need a platform that is secure and scalable for a development team to work with, but also has intuitive editing tools for content and marketing teams to manage their mission-critical content.
Brands such as Dairy Queen, Newell, Greensky, Chewy and Comcast have chosen dotCMS as their primary platform to scale their content operations and empower their marketing teams so they can reduce developer dependency, enabling teams to go-to-market faster, without sacrificing the flexibility and security of their CMS.