WP Engine, a fast-growing global platform for managed WordPress hosting, has passed annual recurring revenue of $132 million. Founded 8 years ago, the company has now grown to serve more than 90,000 customers across 140 countries globally.
Since January 2018, WP Engine’s Agency Partner Program would have enjoyed 84% growth while its global employee count is now up 37%. Launched in 2017, WP Engine’s Agency Partner Program would enable agencies of all sizes to use WordPress to grow their business.
Since its launch, WP Engine’s Agency Partner Program would have grown exponentially, enrolling over 2,250 agency partners. According to WP Engine, “thanks to the availability of extensive thought leadership and content resources, its digital experience platform, advanced developer tools and the opportunity for new business leads.” New agencies to the program, signing up within the last 12 months, include: Edelman, Grey, Huge, The Richards Group and W2O Group.
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“We are both humbled and honored to experience this type of stellar employee, customer and business growth,” said Heather Brunner, Chairwoman and Chief Executive Officer of WP Engine. “However, it’s the fact that we did so while improving both our customer NPS score and securing several international best places to work accolades that made 2018 a truly incredible year. I am excited about the opportunities ahead for us and the WordPress community in 2019.”
In January 2018, WP Engine secured $250 million in funding from Silver Lake. At that time it outlined how the strategic growth investment would inject further momentum into four strategic priorities:
- Accelerate innovation on its Digital Experience Platform
- Ramp investment in the success of its Agency Partner Program
- Fuel future growth internationally, particularly in EMEA, Australia and New Zealand, and further raise brand awareness
- Double down as a workplace of choice – investing in WP Engine’s people and culture who help power the company’s customer success
WP Engine’s ‘Digital Experience Platform’ provides software and services specific aimed at websites developed on the WordPress content management system. WP Engine has now passed $132 million in annual recurring revenue while growing its customer base 20% from a year ago.
Regionally, from this time a year ago, WP Engine’s customers grew by 23% in the U.S., 21% in Australia/New Zealand and 11% in Europe. Some of the brands that began leveraging the WP Engine digital experience platform over the past year include Klarna, Microsoft, the NBA, News Corp., RetailMeNot and Thomson Reuters.
In 2018, WP Engine acquired StudioPress, creators of the Genesis Framework, a popular theme framework for millions of WordPress websites. WP Engine also added Array’s themes and the associated Atomic Blocks to its growing list of digital solutions. Atomic Blocks is a popular library of responsive and customizable blocks for Gutenberg.
Cyber Security, Podcasts
With cyber security a top boardroom imperative for companies of all sizes, WP Engine launched Global Edge Security, a security solution for WordPress, built from Cloudflare’s Internet performance and security solution. Next to that, the company expanded its collaboration with Amazon Web Services (AWS Cloud) by launching the Amazon Polly plugin. This would transform text into lifelike speech, and the integration of Amazon Translate into the Amazon Polly plugin translating English content into any of 26 languages. These tools would allow publishers to turn written content into podcasts to reach even more consumers, such as those on the go and the visually impaired.
Founded in 2010, WP Engine is headquartered in Austin, Texas, and has offices in San Francisco, California; San Antonio, Texas; London, England; Limerick, Ireland and Brisbane, Australia.