ZoomInfo Closes Record Third Quarter
Growth Driven by Acceleration in the Business Information Search Engine's Web Traffic
November 1, 2006 – Waltham, Mass. – ZoomInfo™, a business information search engine used to collect and organize information about people, companies, products and industries, recently closed its strongest third quarter in the company's six year history. Driven by an 8x increase in Web site visitors in the past year, ZoomInfo's revenues increased 37 percent over the same period. Coupling a seasoned management team with a patented Web 2.0 technology platform, ZoomInfo has been cash-flow positive for the last four years and expects to exceed $10 million in sales this year.
ZoomInfo is designed to enable recruiters, marketers and salespeople to quickly and easily find useful information about people and organizations on the Web, presented in concise summaries. It continually scans millions of corporate Web sites, press releases, electronic news services, SEC filings and other online sources, and then intelligently compiles a summary about a specific individual or company.
In September, www.zoomInfo.com broke the three million unique visitors per month threshold. Users averaged nearly 500,000 people searches and another 100,000 company searches each day. Each month, the company is adding over 25,000 new user-generated profiles in addition to the more than 500,000 summaries of new people generated automatically by the technology. Today, ZoomInfo features summaries of nearly 33 million people and three million companies.
ZoomInfo has already doubled the number of enterprise customers compared to 2005. In Q3 2006, the company added 233 new customers, including: Pfizer; Sears Holding Company; Sara Lee; Bear, Sterns & Co.; KeyBank; and Level 3 Communications. The company now boasts 34 percent of the Fortune 50, 30 percent of the Fortune 100 and 15 percent of the Fortune 1000 among the companies leveraging the ZoomInfo PowerSearch product to search for unique and fresh information about companies and people.
"This year we have shattered our own records, and are happy to report that 16 of our last 19 quarters have shown growth," said Jonathan Stern, CEO and founder of ZoomInfo. "Currently, we're the only search engine available with the technology to extract information from the free Web to create structured summaries about people, companies, industries and products. Business people who try ZoomInfo see immediate ROI and become instant Zoomers."
"While we continue to grow our customer foundation in the HR and recruiting space, marketing and sales intelligence are the fastest growing segments for PowerSearch right now," said Michael Souza, vice president of sales. "We are on track to significantly surpass our 2006 sales projections as more and more companies realize the power of our search capabilities."
ZoomInfo is a B2B database software company that delivers business data to supercharge marketing campaigns and sales outreach. ZoomInfo helps their customers identify their buyer personas, reach decision makers faster, and enhance and grow their databases. For more information visit to www.zoominfo.com or call 866-904-9666.
Lauren Barber ZoomInfo