Perforce Achieves Record Sales and New Customer Wins in 2016

Minneapolis, MN, February 6, 2017—Perforce Software, a provider of solutions to DevOps teams requiring massive scale, visibility and security along the development lifecycle, set company records in sales, active customers and new customer growth in 2016. These results highlight the value of the company's solutions in organizations that require scale, performance and security to unlock innovation from their technology development projects.

The company executed on a number of key initiatives in 2016 including taking on new ownership, appointing a new leadership team with a track record for growing technology companies, and expanding the company's product portfolio with its first acquisition. With these changes and a focus on execution Perforce produced record business results, driven by double-digit increases in growth of revenue and its overall customer base. New customer growth, including a large number of enterprise scale customers, was fueled by the company's continued dominance in industries such as game development, healthcare, and embedded systems.

"When I joined Perforce I recognized it as a company with a great product, a talented team and a strong, loyal customer base. The changes we have made in leadership and product direction have allowed us to finish 2016 strong and set us up for an even more successful 2017," said Janet Dryer, Perforce CEO. "With the foundation in place we continue to focus on providing our customers with the strongest enterprise grade version control solution and a portfolio of complementary products such as those we acquired in the Seapine acquisition as we continue to pursue our goal of providing a complete DevOps solution to our customers."

The company's portfolio is expanding to drive greater efficiency, innovation and quality for large distributed teams, addressing the needs of modern digital product development including software developers, artists, design engineers, and other contributors collaborating across the globe.