As 2013 comes to a close we’ve been looking back on a great year. We celebrated important milestones on growing our business, welcoming new customers to our community, and growing Jama. Across the industry, product delivery continues to evolve, as organizations face increasing pressure to get to market faster, innovate at today’s lightning pace and provide customer experiences that give them the edge.
Working with innovative companies to help them bring great products to market faster is what excites us most and we added some fantastic companies in 2013 including Dolby, Major League Baseball, Citrix, Maxim Integrated Systems and Jackson National Life Insurance Company. Most importantly, we got to spend quality time with our customers, many of whom came to Jama HQ to provide valuable feedback on our solution and roadmap. We consider our customers our partners and we will continue to make customer success an important initiative for Jama in 2014 and beyond.
This year Jama was positioned in the Gartner Magic Quadrant for Application Development Life Cycle Management (ADLM). Gartner names Product Delivery as a growing category in the ALDM space (we heartily agree); as development projects grow in complexity, often combining hardware and software, organizations will need solutions that provide traceability and compliance reporting, collaboration across teams and complicated requirements and concurrent development for apps that perform across multiple platforms and form factors.
We also collaborated with Forrester Consulting on an industry survey. The full report on The State of Modern Product Delivery highlights the challenges organizations face and provides insight into how to make product delivery responsive, iterative and collaborative.
New Funding to Fuel Growth
In August, we embarked on a new growth adventure and raised $13 million of funding led by Trinity Ventures with participation from Madrona Ventures Group. Karan Mehandru from Trinity joined Jama’s board bringing experience with SaaS, customer success and a background in product development and delivery in the semiconductor market.
The funding will allow us to accelerate development of our core product and continue in our position as a market leader in product delivery. Just this week, GeekWire highlighted Jama as one of the top venture capital investments they tracked in 2013.
This year we were included in the Inc. 500|5000 for the third consecutive year, an especially significant accolade due to the fact that it is based on multiple years of growth. 2013 was the second consecutive year we were named to Forbes’ list of America’s Most Promising Companies.
Portland Startup Community
As our business grew, we doubled our employee headcount in 2013 and expanded into a second office location. We have some incredible talent at Jama. Between the two offices Jama hosted over a dozen events, for organizations such as Portland-based user groups, Startup Weekend planning and the TAO. We’re glad to be part of the Portland technology community and to participate in the TechTown Portland video produced by Uncage the Soul Productions.
2014 and Beyond
The pressure to innovate quickly and respond to customer feedback will only get more intense. As we look to next year, we will continue to evolve the Jama Product Delivery Platform to meet the needs of modern product delivery. Look for platform enhancements to our SaaS offering, greater visibility into the entire process——from concept to launch——and rich resources to help your organization embrace change and constantly iterate. One thing is certain: our customers are going to deliver the next generation of great products that solve real, everyday problems.