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SOURCE: Volusion
Ecommerce Leader Grows Customer Base by over 50 percent, Welcomes Third Board of Directors Member and General Counsel and Introduces New Product Additions
Austin, TX (PRWEB) November 13, 2012
Volusion, the leading provider of shopping cart software and services for online merchants, now powers over 40,000 online stores and is preparing for rapid business expansion in the coming year. Volusion has experienced significant growth in customers, ranging from first-time entrepreneurs to Fortune 500 brands that are building and running ecommerce sites. The company makes it possible for businesses of any size to sell online with an easy-to-use and affordable ecommerce solution. Over the past nine months, the company has made important investments in technology and talent to continue fueling the growth of its customer base.
Since the beginning of the year, Volusion has seen substantial revenue growth and customer expansion. Recent highlights include:
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Volusion currently powers more than 40,000 online stores for both small and large merchants, more than a 50 percent increase over the last year.
- Over the last year, Volusion’s customer base processed $2.6 billion in revenues and the average Volusion customer processes over three times in revenue than the industry average.
- Volusion supports the most profitable online businesses. Its average customer does $96k in business each year.
- Volusion leads the industry as the #1 SaaS ecommerce provider.
To fuel this expansion, Volusion has focused aggressively on hiring and bringing in top talent across the board. Key highlights include:
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Added 158 new roles since Q1 2012, with employees coming from top companies like Google, Groupon, Zynga and Apple.
- Brought on Vice President of Information Technology, Steve Krebsbach, to lead the IT and Operations teams. Krebsbach will be responsible for engineering and operating Volusion’s robust cloud infrastructure and ensuring the organization exceeds its Service Level Agreements.
- Hired Derek Willis as General Counsel. Willis was a partner at Wilson Sonsini Goodrich & Rosati, a law firm that has, over the past 25 years, represented more technology companies in their IPO than any other law firm in the country.
- Appointed the third Board of Directors member, Timothy J. Barker. Barker is the Chief Financial Officer and Treasurer for RealPage, Inc., a leading provider of on demand software and software-enabled services to the rental housing industry, and brings over 17 years of experience. In his time as a public-company CFO, he has been responsible for building infrastructure for SEC disclosure requirements, financial planning and analysis, accounting, revenue growth strategies, financial transactions and enhancing liquidity.
- Doubled its IT staff over the course of the year 2012. These individuals are dedicated solely to the security and performance of Volusion stores.
- Recognized by Austin American Statesman and Austin Business Journal as a Top Workplace in Austin.
- Currently occupying over 75,000-square-feet of office space.
- Plans to hire 125 new employees across all departments in Development, IT Operations, Product Management, QA, Accounting, Customer Experience, Development, HR,Sales and Services in 2013.
- Searching for a Chief Financial Officer to evolve financial strategy and position Volusion for the future.
Volusion continues to extend the value of its award-winning ecommerce solution, which includes a hosted ecommerce site, a PCI Certified shopping cart and 24x7 support. Within the last year, Volusion has introduced significant product and technology enhancements to further fuel customers’ success:
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Integrated and partnered with Google Trusted Stores which enables Volusion 13 (V13) merchants using a Gold or higher store plan to earn a Trusted Store badge for their website.
- Recently integrated with schema.org which will increase the amount of product information and video thumbnails that are displayed in organic search results.
- Introduced new integrations to directly connect stores with Pinterest and other social media and email services.
- Partnered with industry-leading companies including Constant Contact, MailChimp,,FedEx, Moo and LegalZoom.
- Introduced a new intuitive version of the software, Volusion13 (V13), which includes an eBay integration, Google star reviews, tablet-ready administrative panels and an admin redesign.
- Volusion has invested over $10 million in a new state of the art data center that will be introduced over the next year. This data center is among the most redundant, connected, geographically-stable and secure data centers in the world.
- Successfully increased the total network capacity by 10 times which resulted in measurable improvements in stability and reliability with up to a 33 percent lift in site performance.
Supporting Quotes
“Volusion’s growth over the last year has been impressive,” said Clay Olivier, Volusion CEO. “We’re adding key roles to our organization, continuing to attract top talent and positioning teams to help us create revolutionary, industry-leading products. This growth supports our vision of helping businesses of all sizes successfully sell online.”
“I chose to join Volusion primarily because of its passionate and talented employees and dynamic business,” said Derek Willis, General Counsel. “I am excited about the opportunity to contribute to our continued growth and to build the infrastructure necessary to take this company to the next level.”
“Volusion has proven itself as an innovator in the ecommerce industry through its visionary and forward-thinking management team,” said Timothy J. Barker, Volusion Board Member. “I am excited to join the team and for the opportunity to contribute in creating a solid foundation for long-term growth.”
About Volusion
Volusion ecommerce software gives you everything you need to open a successful online store. Whether you’re an ecommerce novice or seasoned online seller, you will receive the ultimate set of business tools, including your own website, reliable hosting, effective marketing tools, and much, much more. Over 40,000 customers such as Deloitte, Nalgene, and 3M trust Volusion to power their online business, leveraging a full suite of customer support offerings, including free 24x7 assistance via phone, email and live chat. For more information about Volusion, please visit http://www.volusion.com.
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