Crexendo Surpasses Four Million Users
Crexendo Surpasses Four Million Users
Crexendo Inc. has announced that its cloud communication platform now supports more than 4 million end users globally.
When Crexendo acquired the NetSapiens platform in June of 2021, there were approximately 1.7 million users on the platform. In September of this year, the company announced that its user base had surpassed 3.5 million users. With additional new licensees deploying Crexendo's platform combined with strong growth from its existing base of more than 220 licensees, there are now more than 4 million users utilizing the Crexendo NetSapiens platform for their communication needs.
"We have seen a significant increase in the adoption of our offerings, and we only expect this trend to grow from here," said Jeff Korn, CEO, Crexendo. "We have continued to ramp up business development for new licensees, as well as support for our growing community of licensees, while also increasing the quality and capabilities of our platform. This very important metric, which follows our very strong third-quarter earnings report gives me substantial confidence of our strategic growth plan going into 2024. With the recent sale of our building and the subsequent elimination of debt on our balance sheet, the continued development of our platform, together with our strong organic growth as well as GAAP profitability, I believe our company is executing well on all fronts. We look forward to what the year ahead has in store, and we expect more of the same from a growth standpoint."