Surgient Announces Record Results
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Surgient announced record 3rd quarter results today. The Austin-based company sells virtual lab management applications that enable companies to test software applications. The company announced a record number of new deals in Q3, including it’s first ever seven figure deal. Bookings grew 3x over the same quarter last year, and the company is on track for 60% revenue growth over last year.
Surgient has been around for a while now, and has raised a pretty healthy amount of money over the years including a $20M Series C and a $10M Series B from the likes of AV, BlueStream Ventures, and Goldman Sachs. Early private investors included such high profile individuals as Rod Canion (founder of Compaq), Reed Hundt (former FCC chairman), and Bill Joy (founder and legend at Sun).
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