SuccessFactors: The First 10 Years

In just 10 years SuccessFactors has grown from a cloud startup to the world’s leading provider of cloud-based Business Execution (BizX) software solutions. With more than 10 million users in the cloud and 3,200 customers in more than 168 countries and 34 languages, SuccessFactors is poised for continued growth in the next 10 years and beyond.

Here are some of the key milestones from the company’s first decade:

May 2001	Lars Dalgaard founds SuccessFactors
Sept 2001	SuccessFactors launches its first product; Performance Management
Dec 2005	SuccessFactors closes $2.5M deal with Lloyds Bank in London.
Feb 2006	SuccessFactors announces the signing of SuccessFactors' first Korean customer, Solid Technology, and SuccessFactors' first Korean employee.
May 2006	SuccessFactors secures $45 million in funding.
June 2006	SuccessFactors hosts the first SuccessConnect user conference in San Mateo, Calif.
July 2006	SuccessFactors launches its Web-based customer community.
April 2006	Named One of the Best Places to Work in the Bay Area by the San Francisco Business Times, Silicon Valley/San Jose Business Journal and East Bay Business Times.
Oct 2006	SuccessFactors launches the first complete suite of integrated, on-demand HCM applications.
Nov 2006	SuccessFactors launches the industry's first recruiting solution that is completely integrated within the performance and talent management processes.
April 2007	SuccessFactors announces one of the largest Software-as-a-Service (SaaS) deployments ever with 85,000 seats at Wachovia.
June 2007	SuccessFactors is named one of the top 25 mid-sized companies to work for in America by Great Place to Work Institute.
Aug 2007	SuccessFactors unveils Employee Profile.
Nov 2007	SuccessFactors announces its initial public offering amidst a choppy market.
June 2008	Lars Dalgaard wins the Ernst & Young 2008 Entrepreneur of the Year award.
Aug 2008	SuccessFactors reaches 4 million global users in the cloud.
Nov 2008	SuccessFactors hosts the first SuccessConnect Europe in Paris, France.
Jan 2009	SuccessFactors opens its first office in Shanghai, China.
June 2009	SuccessFactors announces the largest cloud deployment in Europe at Siemens AG with more than 400,000 users.
July 2009	SuccessFactors hosts the inaugural SuccessConnect APAC in Melbourne, Australia.
Sept 2009	SuccessFactors creates the Business Execution (BizX) category.
Sept 2009	SuccessFactors announces SuccessCloud, the first-of-its-kind technology partner program that allows third-party applications and data from other business systems to connect and integrate with its BizX suite.
Feb 2010	InformationWeek declares SuccessFactors ‘The Future of Business Software.’
Feb 2010	SuccessFactors announces it will acquire Inform.
May 2010	SuccessFactors announces it will acquire CubeTree.
May 2010	SuccessFactors announces the world’s largest cloud deployment with 2 million users at a single customer.
May 2010	Lars Dalgaard is named “Best CEO” by the San Francisco Business Times
May 2010	SuccessFactors launches BizX Insights.
July 2010	SuccessFactors completes acquisition of CubeTree.
July 2010	SuccessFactors completes acquisition of Inform.
Oct 2010	SuccessFactors launches the “Calculator in the Cloud” product with the acquisition of YouCalc.
Oct 2010	SuccessFactors named the fastest growing public SaaS company in North America by Deloitte.
Mar 2011	SuccessFactors acquires Jambok.
Apr 2011	SuccessFactors becomes the first company to announce plans to list on NYSE, EuroNext Paris and Deutsche Boerse.
Apr 2011	With the acquisition of Plateau, SuccessFactors become the first and only company with a HCM suite with all pillars - performance, compensation, recruiting and learning - sitting on the foundation of HR system of record, powered by great analytics, and delivered as SaaS.
May 2011	SuccessFactors announces new brand and It’s Time To Love Work Again™.
June 2011	SuccessFactors completes the acquisition of Plateau Systems and launches SuccessFactors Learning.
June 2011	SuccessFactors reaches more than 15 million subscription seats in the cloud, more than any other company in the world.
July 2011	SuccessFactors lists on the NYSE, EuroNext Pairs and the Frankfurt Stock Exchange.
Oct 2011	SuccessFactors introduces SuccessFactors Jam, its social collaboration and learning software with rich media capabilities.
Dec 2011	SuccessFactors acquires Jobs2Web, the leading recruiting marketing platform, delivering the first-ever Recruiting Execution Platform.