Main Software 50 2014: the winners
Main Software 50 2014: Strong growth in turnover, employment and number of participants This year’s Main software 50 is again a great success. There is a lot of interest from media and the business community and each year more companies sign up. Also this year Main Capital and trade organisation Netherland ICT have joined their efforts to organize the event. For the 3rd year in a row, Main Capital Partners presents the Main software 50, an annual ranking of the most successful independent Dutch product software companies. This year again, the software industry shows a strong growth and increasing international turnover. This proves once again that the sector is a fundamental part of the Dutch economy. The Main Software 50 makes this top sector more visible to a wider audience. HRM-software company Raet is the overall winner of the 2014 edition. RES Software has become the second finalist, they specialize in Workspace Virtualization software (remote working). VeliQ has finished third, they provide software for Mobile Device Management (MDM). This year, as well as last year, two extra categories exist apart from the overall winners; for the Highest Growth and the Cloud Champion. The Highest Growth award this year goes to Xebialabs, with a revenue growth of over 102%. The award for Cloud Champion goes to Uptrends, 100% of their turnover is cloud related. Earlier editions of the Main software 50 have generated much interest from domestic and foreign parties. Among others customers, governments, strategic partners and investors have responded enthusiastically to the list. IT investigator Dialogic is our audit partner in the creation of the list to guarantee independence. There are 5 criteria for the ranking: 1) size, 2) growth 3) level of recurring revenue 4) internationalization and 5) profitability. Next year we will definitely come back with the 2015 edition of the Main Software 50. We hope to attract even more enthusiastic participants and people who are interested than this year. Besides all the interesting events that we organize, we are going to raise our new fund of EUR 75 million in early 2015. With this fund we will make more investments in the software sector. The complete list can be found on www.mainsoftware50.nl WINNERS MAIN SOFTWARE 50 KEY STATISTICS: MAIN SOFTWARE 50 PARTNERS MAIN SOFTWARE 50
About Main Capital Main Capital is an experienced fund manager with a dedicated focus on the software industry and invests in a mix of growth capital and management buy-outs. With an experienced team of professionals, Main Capital Partners currently manages three private equity funds. Main Capital focuses exclusively on established and growing SaaS- and software companies with an international growth strategy. Since its founding in 2003, Main Capital has built a proven track record and a large network in the software industry. The current portfolio of Main Capital consist of fast-growing software companies like Sharewire, VisionWaves, SecondFloor, EuroSystems, Sofon, Connexys, Regas, ChainPoint, RVC and TPSC. In 2013, Main realized a successful exit of cloud storage company IASO to US cloudprovider GFI Software. In 2012, Main Capital sold Tedopres to the listed Finnish player Etteplan and Actuera was sold to Waterland Private Equity.