CLC bio Continues Success with a 30 Percent Growth in Software Sales and over 500 New Organizations as Customers in 2012
AARHUS, Denmark--(BUSINESS WIRE)-- Today, the world's leading bioinformatics software company, CLC bio, is pleased to announce a continued positive development in 2012 with a 30% increase in both software sales and employees, and more than a 30% rise in new organizations as customers.
"In many ways, 2012 featured significant milestones for us as a company. We now have more than 100 employees around the world, which together with our market reach makes us the largest bioinformatics company focusing on next generation sequencing. We also added more than 500 new unique organizations to our customer list, surpassing 2000 in total", states CEO at CLC bio, Thomas Knudsen, and continues, "In September we acquired our first company, Molegro. This was a very positive process and we're looking forward to bringing even more drug discovery software to the market in the future. Last but not least, we're profitable and cash-flow positive for the third year in a row, enabling further growth in the years to come."
Adding another 2.9 million US Dollars to the total income, CLC bio also joined two European Union funded FP7 projects, STATegra and PATHSEEK. In collaboration with some of the leading scientists in Europe, the company will provide their expertise and platform to develop novel ways of analyzing, comparing, and visualizing next generation sequencing data.
"We recently compiled a survey on the general next generation sequencing field, which had over 700 respondents and confirmed several themes that are completely aligned with our strategic focus on the agriculture and medical genomics segments," adds Vice President of Communications at CLC bio, Lasse Görlitz.
CLC bio is a privately owned company, primarily funded by local investors and successfully built without venture capital since January 2005. CLC bio is based in Aarhus, Denmark. CLC bio exports 98% of its software to organizations in countries outside of Denmark, and 50% of the sales are generated in the USA.
About CLC bio
Vice President of Communications
Direct: +1 (617) 765 0687
KEYWORDS: Europe Denmark
The article CLC bio Continues Success with a 30 Percent Growth in Software Sales and over 500 New Organizations as Customers in 2012 originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.