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San Diego, CA, July 14, 2021 (GLOBE NEWSWIRE) – MadCap Software, Inc., the leading provider of multi-channel content authoring, announced today that it will be in the six months ending June 30, 2021 record growth with new product sales increasing 44% over the same period in 2020. Today, thousands of companies from various industries worldwide rely on MadCap Software’s solutions to create modern self-support websites, training content, technical documentation, knowledge bases , Instruction manuals and more.
At the forefront of growth is the rapid introduction of the MadCap Authoring and Management System (AMS), which increased sales by 236% over the same period last year. With MadCap Flare and MadCap Central, AMS offers a complete solution that supports the entire content development lifecycle, including actionable usage analytics, while combining the security of local authoring with the convenience of the cloud.
Subscription prices, with which MadCap Software launched for all new product versions in early 2020, also saw strong growth. Revenue from sales of new subscriptions in the first six months of 2021 increased 154%, and total revenue from recurring sales now represents 91% of total product revenue.
MadCap Software, in particular, continues to recognize the strong adoption of its solutions by companies around the world. For the six months ended June 30, 2021, MadCap Software announced that 250 new organizations have adopted the company’s award-winning solutions.
To better serve its global customer base, MadCap Software added Aubrey Williams as Vice President of Sales in January 2021. Aubrey, who joined the company from Siemens Corporation, brings more than 20 years of sales team building and revenue experience with leading technology companies, including a decade with Adobe Inc. MadCap Software has also expanded its offices in San Diego, CA and Austin, TX while benefiting from the strong technical communities in both regions.
“We have made it a priority from the outset to provide a first class experience to both our customers and the dedicated professionals on our team who support them,” said Anthony Olivier, Founder and CEO of MadCap Software. “The strong financial growth we see in 2021 is testament to our industry first product innovations and our exceptional support in meeting the demands of the modern enterprise content development lifecycle. It has enabled us to achieve an extremely loyal customer base and rapid global adoption of our solutions, as well as supporting the expansion of our team to create world-class experiences for companies, universities and governments worldwide. “
Olivier added, “More and more companies are looking for ways to increase the efficiency of content creation and publication while creating a better experience for their end users. Whether technical documentation or content for training, development, sales and marketing – our solutions lead to real and measurable return on investments and results. “
About MadCap Software MadCap Software, Inc. is a trusted resource for thousands of companies around the world for one-stop multi-channel authoring and publishing solutions designed to enhance the process of developing and delivering training content, learning – Streamline development programs and technical documentation, online help, knowledge bases, and more. MadCap Software’s services include product training, consulting, translation and localization, and an advanced developer certification program. Headquartered in San Diego, California with offices in Austin, Texas, MadCap Software is home to some of the most experienced software architects and product experts in the content development industry. Learn more about MadCap Software at www.madcapsoftware.com.
MadCap Software, the MadCap Software logo, MadCap Authoring and Management System, MadCap Central, and MadCap Flare are trademarks or registered trademarks of MadCap Software, Inc. in the United States and / or other countries. Other trademarks are the property of their respective owners.
Rebecca Hurst Kinetic.PR for MadCap Software rebecca@kineticprllc.com 650-679-9282
Copyright 2021 GlobeNewswire, Inc.
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