iCIMS Closes a Strong Third Quarter

HAZLET, N.J. (October 20, 2011) — iCIMS, a leading provider of Software-as-a-Service talent management solutions, announced today that revenues for Q3 2011 were 14 % higher than the same period of the prior year.
During Q3 2011, iCIMS also propelled past the 1,000 client milestone with the addition of 84 new customers. These customers span a variety of industries, and include Talbots, Jacobs Technology, Tech Data Corporation, and FJC Security Services. To date, iCIMS has signed on over 195 clients in 2011, already surpassing 2010’s new customer acquisition count of 178 with three months left in the year.

In August, as a testament to its rapid growth, iCIMS was named to the Inc. 500 | 5000 list of America’s fastest growing private companies for the sixth consecutive year. iCIMS was ranked #169 in the competitive software industry, and was the only HR software provider on the list that offers solutions to power all stages of the talent management lifecycle, including recruitment marketing, onboarding, employee data management, and more.
iCIMS attributes its rapid growth to an easy-to-use Talent Platform and an exceptional customer experience. In Q3, iCIMS released the iCIMS Talent Platform version 11.2, the first-ever “Customer Release,” which implemented ideas from iCIMS’ 1000+ customer base to improve solution quality and customer support. New features include candidate hot matching and an even faster customer ticketing system, which enables end users to create tickets and track them in real time.

New client acquisition trends in the third quarter show iCIMS’ stronghold in the SMB market. To expand its reach, iCIMS recently unveiled iCIMS NOW, an applicant tracking system that is preconfigured to meet the needs of businesses with fewer than 100 employees.

“Our rapid expansion and strong financial results demonstrate the strength and breadth of our business,” said Adam Feigenbaum, Chief Operating Officer, iCIMS. “As more and more organizations of all sizes turn to iCIMS to power their talent management initiatives, we will remain committed to delivering easy-to-use functionality and the best customer service in the industry. We look forward to a strong Q4 and an overall impressive 2011,” Feigenbaum concluded.

This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.