San Francisco-based Andromedia Inc., a supplier of what it
calls Smart eMarketing solutions, said revenues for the fourth quarter ending
Dec. 31 were up 200 percent from the previous quarter, marking the best quarter in
the company’s history.
For the year Andromedia said it increased revenues more than 500 percent over the
previous year. The privately held company does not disclose full financial
details.
The company said major new customers adopting Andromedia’s real-time Web
site activity analysis solution ARIA and its LikeMinds patented
personalization technology include Excite, The Motley Fool, The Weather
Channel, Levi Strauss & Company, BigStar Entertainment, Internet Gift
Registry, and USInternetworking.
“The e-commerce market is growing at more than 100 percent annually,” said Kent
Godfrey, Andromedia CEO. “Such growth will continue to fuel a rapidly
expanding base of blue-chip customers who require site analysis and
personalization solutions to embed into their e-commerce infrastructure. With
more than 100 customers representing some of the
largest sites on the Web, Andromedia has achieved the momentum necessary to
fully capitalize on the tremendous opportunity presented by the hyper-growth
personalization market in 1999.”
Andromedia’s technology provides an automated Marketing Intelligence Platform
that integrates with leading e-commerce platforms to provide dynamic content
based on high-value knowledge derived from how consumers behave.