Coupa Software Named to JMP Securities’ Hot 100: Best Privately Held Software Companies List
Record Results in Q1 and Growing Recognition for Coupa e-Procurement Reinforce Rising Need for Smarter Spending Solutions
SAN MATEO, CA – May 20, 2009 – Coupa Software, developer of category-disrupting Web-based spend management solutions, today announced its inclusion in JMP Securities' May 2009 report, "Hot 100: The Best Privately Held Software Companies." The report profiles 100 of the leading private companies in the software industry, as identified by the software research team at JMP Securities. JMP Securities is a full-service investment bank based in San Francisco.
This recognition comes on the heels of six consecutive quarters of breakthrough growth for the company, and a rapid increase in the amount of spending executed through the Coupa platform.
"We're honored to be recognized by JMP Securities as a Hot 100 company in Demand & Supply Chain Management software category," said Coupa's CEO Rob Bernshteyn. "Coupa is turning heads and transforming the way companies procure goods and services. With software that is innovative, simple to use, quick to deploy and affordably priced, Coupa makes it easier for companies to control spending and drive immediate bottom line impact – a welcome outcome for any CFO in this challenging economic environment.”
About Coupa Software
Coupa is the leading on-demand provider of solutions that control and streamline purchasing for organizations of all sizes. Coupa e-Procurement delivers a simple, quick and affordable solution for requisitioning, purchase orders, RFQs, inventory and invoicing, with no hardware to buy or software to license. With deep domain knowledge in e-procurement, a best-in-class software-as-a-service platform, a network of more than 2,300 suppliers, and a fast-growing community of customers, Coupa enables smarter spending practices that allow companies to save money quickly. For more information please visit, http://www.coupa.com or call 650.585.6306.