Haivision Announces Record Annual Revenue of $56.4M

Haivision announced revenue results for the company’s fiscal year ending October 31, 2015. Haivision’s 2015 annual revenue surpassed $56 million, representing 33% growth over 2014 while also delivering its eighth consecutive year of profitability.

Fueled by three year Compounded Annual Growth Rate (CAGR) of 112% in SaaS software sales, the Haivision Video Cloud is one of the fastest growing online video platforms. Nearly 30% of the company’s overall revenue is attributed to recurring SaaS-based solutions and services.

“Our proven track record of sustained growth and profitability speaks volumes to the strength of our people and the ability of our management team to successfully execute in this competitive and high growth market,” says Mirko Wicha, President and CEO of Haivision. “We have accomplished this without any private equity or venture capital investment, which is remarkable in this industry.”

A private company that provides both software and services, Haivision was founded in 2004 to solve the challenges of using video in business environments. Today, Haivision powers video systems at 35 of the top Fortune 100 companies and delivers solutions for successful and impactful video experiences that work over any bandwidth, network, and IT infrastructure, ensuring companies can inform, engage, and empower employees.

Haivision’s 2015 success is highlighted by:

• A growing number of Fortune 500 companies and industry-leading enterprises rely on Haivision’s video solutions. A few of Haivision’s new enterprise customers include: Aetna, Airbus, Allstate, BP, Farmers Insurance Group, Fidelity Investments, Follett Corporation, GlaxoSmithKline, Grant Thornton, Hasbro, Noble Energy, RBC, Scotiabank, and State Street Corporation.
• Strategic technology partnerships and the availability of cloud-based video solutions in the Microsoft Azure marketplace and on Amazon’s AWS Marketplace.
• Recognition for six consecutive years by Deloitte as one of the fastest-growing companies in the Technology Fast 50 and Fast 500.
• Named one of the fastest-growing companies in 2015 by Profit Magazine.