Greenlight Guru announced that it has seen continuous and exponential growth throughout the first half of 2018.
Greenlight Guru, a cloud-based quality management software company, has focused on growing workplace culture and development over the course of the year. The company said its hiring initiatives are on target to meet 120 employees by 2020. Greenlight Guru also said it continues to grow new customer acquisition.
Following a successful fourth quarter in 2017, the company has had a 45% increase in quarter-over-quarter new subscription revenue and a 125% increase in year-over-year, new subscription revenue growth. Greenlight Guru has also increased its employee numbers by 33% so far in 2018.
“Our customer growth explosion is a sign of the times,” David DeRam, CEO and cofounder of Greelight Guru, said. “We strive to help manufacturers develop devices we would be proud to have our own families use. Case in point, the FDA chose us as a partner to educate the medical device industry on the case for quality, resulting in a four part webinar series on the topic.”
Greenlight Guru develops and electronic quality management system that medical device manufacturers can use to develop devices, before, during and after introduction to the market.