Coupa Software Continues Expansion With New World Headquarters

Cloud spend optimization leader establishes original Siebel Systems offices as their new global headquarters

SAN MATEO, Calif. – June 12, 2014 – Coupa Software, the leading provider of cloud applications for finance, today announced that the company has relocated its two downtown San Mateo offices to one new worldwide headquarters complex. The 26,200 square-foot offices, located at 1855 S. Grant Street, originally housed Siebel Systems. Coupa has global offices throughout the United States, EMEA, and Australia.

“Our rapid hiring and maniacal focus on customer success required us to invest in one large central location for our growing employee base,” said Rob Bernshteyn, CEO of Coupa. “It’s fitting that our new world headquarters will be in the original offices of Siebel Systems.  While Siebel Systems was an early innovator in helping companies leverage information technology to drive sales effectiveness, Coupa is helping companies on the other side of the transaction. We are pioneering a new category of applications that help companies leverage information technology to optimize their spending.”

The news comes in a year of many major accomplishments for Coupa. In March 2014, Coupa announced $40M in venture capital funding to accelerate development and corporate expansion. The company posted a 100% increase in revenue in Q1 2014, over Q1 2013. Coupa was also recognized as a leader in the “The Forrester Wave™: eProcurement Q2 2014” report issued by Forrester Research Inc. in May 2014.

Coupa now has approximately 250 employees, and expects to grow to about 300 employees by the end of the year. Coupa is actively recruiting for its engineering, product development, sales, and marketing departments. To learn more about opportunities at Coupa, visit the company’s career page.

About Coupa Software

Founded in 2006, Coupa Software is the leading provider of cloud applications for finance. More than 400 customersheadquartered in over 40 countries use the Coupa suite of financial applications to support business agility and reduce costs. Only Coupa provides a suite of true cloud applications for finance, including sourcing, procurement, expense management and accounts payable that allows customers to realize a return on their investment within a few months and savings that continually impact the bottom line. Learn more at: coupa.com or call 650.931.3200. Read more on the Coupa Blog, or follow @Coupa on Twitter.