Mavenlink builds on momentum with record-breaking year for customer acquisition and growth
IRVINE, Calif., Oct. 12, 2015 — Ray Grainger, CEO and co-founder of Mavenlink, the leading global provider of project management and resource planning software and a Gartner 2015 Cool Vendor*, received the Outstanding Private Company CEO award at the Orange County Tech Alliance’s Annual Innovation Awards.
“We were pleased to recognize Ray Grainger and Mavenlink at the 2015 High-Tech Awards ceremony,” said Peter Craig, CEO, Orange County Technology Alliance. “With 45 finalists, every one of our award categories was extremely competitive and I congratulate all of them for their innovation. This was not an easy choice for our judges, and we especially congratulate Ray for his selection.”
Ray Grainger founded Mavenlink in 2008 with co-founders Sean Crafts and Roger Neel. The founders began with the idea of reinventing the way the world conducts business by enabling professional service businesses of all sizes to compete on a global scale and grow their business profitably. Today, Mavenlink is the leading SaaS-based project and business management solution for professional services industries and organizations. Mavenlink gives executives, functional leaders, finance teams, and project managers unparalleled visibility into their businesses so they can deliver projects predictably and profitably.
"I am proud to accept this award on behalf of my entire team, and would like to thank them for every ounce of energy they have and continue to put into Mavenlink," Grainger said. "It’s extraordinarily difficult to start a company that succeeds. It's even more difficult to create an exceptional place to work and market-leading product like Mavenlink. It is because of the innovation and drive of our team that we are here today."
In 2015, Mavenlink experienced a record-breaking year for customer acquisition, and raised $19M in funding to fuel growth, totaling $40M of venture capital raised to date. In April, Gartner named Mavenlink a 2015 Cool Vendor, a coveted recognition from the leading technology research and advisory firm. In July, Mavenlink was named a Best Place to Work by the Orange County Business Journal.
“Outstanding innovators and companies such as Mavenlink represent the finest of Orange County,” added Craig. “Our tech community has a bright and exciting future.”
Mavenlink delivers enterprise-class Software as a Service (SaaS) that transforms how businesses work with distributed teams, contractors and clients around the globe. Mavenlink's innovative technology suite enables organizations of any size to successfully manage and scale their people, projects, and profits. Consulting firms, creative agencies, IT services organizations, and professional services teams in more than 100 countries are running their businesses more effectively and predictably with Mavenlink. Mavenlink was recently named a 2015 Cool Vendor by Gartner, the world's leading technology research and advisory firm. Learn more at www.mavenlink.com.
About Orange County Technology Alliance
Orange County Technology Alliance is a 501(c)6 nonprofit trade association committed to fast-forwarding the local innovation economy. It is the successor organization to the Orange County Council of TechAmerica and AeA. It is the only technology association addressing the needs of technology companies and their leaders based in Orange County, Calif. The alliance serves members through local networking, professional development, state and federal advocacy, savings on business services and industry recognition. To learn more about membership, contact OC Tech Alliance at email@example.com or www.octechalliance.com. Follow alliance activities on Twitter at www.twitter.com/octechalliance.
* Gartner, Cool Vendors in Program and Portfolio Management, 2015, Robert A. Handler, Matt Light, Donna Fitzgerald, Teresa Jones, 24 April 2015.